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Gold/Mining/Energy : Millstream Mines (MLSM)
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To: Brumell who wrote (266)9/24/1999 1:36:00 PM
From: hugh thorne  Read Replies (1) of 664
 
I guess i am not as pissed off as everyone else simply because i have a hell of a lot more invested in another company which makes MLSM's IR group seem like a veritable chatter box.

There is a reasonable amount of cash at stake in the drilling phase and so i can understand that some pretty serious arguments could arise.The fact that this is likely the delay shouldn't be looked at as anything more then a nuisance.

Personally, my real concern was a pull out by HDG based on the mediocre results of the summer. So, either HDG's lawyers said they couldn't pull, or there must be enough encouraging info to have justified the cashola.

I would say the worst case was priced into the market and it didn't occur; we should see 40-45 cents again with any news that ain't bad.
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