SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Millstream Mines (MLSM)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Just G who wrote (256)9/24/1999 9:29:00 AM
From: Morag  Read Replies (2) of 664
 
Hi - opened my e-mail today and - lo and behold - a response from mlsm. Essentially the response was - this will be a joint press release from HDG & MLSM. Cannot commit to a date for NR - last draft is with HDG. "The News Release will answer all your questions." In other words a definite possibility of a maybe......hard words to swallow and certainly not good enough.

I was thinking very uncharitable thoughts last night - among other things putting together a class action suit for breach of trust (the public, publicized drilling plan agreed to by both parties and not delivered on yet).

Another more disturbing thought is this - if this company wants to raise share value - many - myself included put a premium on a tightly managed company with a good,credible reputation, especially when deciding to invest over the medium or longer term.

Up to now nothing has been demonstrated by the team at MLSM or HDG that would suggest that either one of them could successfully manage their way home on a daily basis let alone a discovery the magnitude of what we hope will be there.

In otherwords, unless something dramatic happens (i.e. new management, sale of property, or actually delivering what they on what they say they are going to do)will turn around the current perception of being well intended(?) bush league operators. If the perception remains the same, the share price will never reach it's full potential - no matter how big the discovery turns out to be.

Anyhow, just thought I would share my gloomy thoughts with the thread.

More cynical than ever but still hurtin' and holdin'.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News