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Gold/Mining/Energy : Macdonald Mines
MMP 69.000.0%Sep 25 5:00 PM EST

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To: JOHN FREW who wrote (75)4/11/1997 9:38:00 PM
From: John BOYCE   of 135
 
Hello John, could you please give info on TSE listing and Mill City deal. I have held the stock for over a year, having bought when there was a run up in February 96 on great reported results, which were over-stated. The stock crashed from $3.10 to where it is now. However, I have spoken to Mr. Smeenk and viewed the numerous press releases and the company does seem to be onto something. However, as I said earlier, since the fiasco in Feb 96, they lost all credibility with analysts and the media. Hopefully, since their information meeting in Toronto on 01 April, investors, and analysts/media will come back on board. If they do, we should see some type of moveup in the stock price. I think a TSE listing would be a big boost, especially for institutional buying.
Thanks for the updates
John Boyce
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