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Gold/Mining/Energy : Millstream Mines (MLSM)
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To: Just G who wrote (283)9/29/1999 9:33:00 AM
From: hugh thorne  Read Replies (2) of 664
 
I am only a bean counter, but if their argument has been over whether to focus drilling at the vent area between MASU and the Blue sky,or go off in some other direction,i #4$7king well vote for HDG's position.

As they say, if they can substantiate the Quantec I.P. work then they kill 2 birds. Firstly the immediate shore up and secondly the ability to infer from their other conclusions.

I wonder how long it will take to drill and produce results.

The revised offering memorandum may well refer to a new buy in price based on current trading; it would be useful to know this. Secondly, are the financing terms set or do HDG have to wait, in which case HDG would presumably like to see a low price for the time being, get the paper work done and then sell the financing into a market where the trading price already exceeds the financing buy in. This has been the pattern of the past.
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