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Gold/Mining/Energy : Millstream Mines (MLSM)

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To: RICK who wrote (648)6/23/2000 8:52:00 AM
From: Morag  Read Replies (1) of 664
 
Rick - thanks for the information it appears to be a decent press release but a couple of things spring to mind:

1. This is a very public call for sourcing additional funding - not the traditional way of private funding. To date, as I understand it they have about $200,000 secured for the project and are looking for another $400,000 to complete the deal.

2. I am surprised that they didn't connect the dots a little bit more - in other words the application to other sites and the potential applications as a saleable technology. Perhaps they are underplaying it but I think it could have been useful to at least infer the potential.

That's it for now - have to work on my day job - it will be interesting to see what impact if any there will be on the stock today.
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