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Gold/Mining/Energy : MILL CITY MIY-V

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To: Ron Waller who wrote (164)7/11/1997 1:50:00 PM
From: wallymc   of 707
 
Ron:

We spoke with Larry Revitt on July 8, and this is what he had to say:

1. With gold taking a beating,all junior golds are in the tank and Mill City is no different.

2. The NWT diamond play is still active, and they will may also be active in Cuba.

3. They are considering puliing out of Indonesia all together. I'm not sure if or when this may happen.

4. Things should pick up by fall. (haven't we all heard this before)

Guess we'll all just have to hang in and see what happens. I don't want to keep averaging down until it falls off the market.

Regards,

Wallym
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