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Gold/Mining/Energy : MILL CITY MIY-V

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To: eyewatch who wrote (671)11/9/2003 6:30:18 AM
From: VAUGHN   of 707
 
Hello eyewatch

No problem.

I believe MC sold their Ontario plays and as near as I can tell all they have now is Yamba Lake and the new Nevada claims on the Carlin Trend and I believe some ETE.

No, I recently sold all of my ETE (14,000) at $1.33 if I recall just before it started to slide.

I have been out of SUF for some time as they lost their CDN / NWT diamond focus in favor of developing RSA assets. I might consider getting back in now that Messina is nearing significant production, but probably not until I see the current mining laws changed.

As for SUF financing, I don't see how it can hurt what is already a very undervalued share price. Until the market looks upon RSA assets with favor, I don't see any point in taking any risks in that neck of the woods when there are far less risky opportunities in CDN plays offering similar if not far better potential returns.

I hope all is well.

Regards

Vaughn
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