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Gold/Mining/Energy : Millstream Mines (MLSM)
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To: Dirtpoor who wrote (307)9/29/1999 9:27:00 PM
From: Brumell  Read Replies (1) of 664
 
Hi Dirtpoor,
Ideally they'll be drilling both - just as they originally stated. If you recall, early this summer their NR stated 2 drills were in operation drilling branch holes off wedges and a third was expected to test the outer anomalies. As Quantec was delayed, many of us heard from I.R. a fourth drill was being arranged to catchup for delays caused by ongoing geophysical surveys. MLSM subsequently told many that the third drill was on site although a fourth was never confirmed but then we hit the wall of silence except for their NR with partial drill results.

Their latest NR is a breath of fresh air. When it's confirmed drilling is underway, I'll be partially convinced things are actually happening. Until then, I remain skeptical. The idea of a vent being discovered adds allure. Hopefully it will generate some interest. Unfortunately, I got my full load of nonsense from them earlier this year. I can accept taking a haircut on an exploration play if the stuff isn't there. That's the chance we all take. However, when the haircut is due to misleading and erroneous information coupled with non-performance, I get angry.

Anyway, at least they are talking to us. The situation does look brighter and there is at least some reason for optimism. That's better than earlier this week.

Regards,

Bob
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