Millstream Mines (MLSM) Message Board

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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: Steve who wrote ()	4/28/2000 3:51:00 PM
From: RICK	Read Replies (1) of 664

From SH There are companies like MLSM with great potential whose stock has gone no where, because they didn't get the word out (no promotion). If these companies find something of course the stock will move up, but in the mean time when they are trying to finance a exploration project these companies tend to create a lot of dilution (which MLSM will be asking shareholders to approve the additional release of shares at the AGM) this will have a negative effect on the companies current shareholders. Instead of 30MIL outstanding shares the profit will be divided by 60MIL shares which has just cut your share value in half. I'm not totally negative about this play, there is great potential here. I'm just negative as to how MLSM has handled it and that it is now being forced on the shareholders to correct MLSM mistakes and take the loss. If you don't vote for the release of the additional shares then MLSM will have no money to continue so then where would you be. They have you both ways and it is not right for a company to treat their shareholders this way. I hope at the AGM you guys let them know how you fell about this. Rick4

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