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Gold/Mining/Energy : Leadville Mining & Milling-LDMM

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To: Herman Nolting who wrote (18)9/17/1997 1:54:00 PM
From: EFuller   of 32
 
Herman,

Thanks for the update. Sounds very promising. Do you think they will have problems hiring competent miners? Last I heard was that most of the local miners have left the area so are no longer local. I'm sorry to hear about Mr. Wilson. I hope he can return in the future.

What is your gut feeling on when the company will become profitable? It sounds to me like it could be soon, but you might have a better idea. Their latest press-release concerning LMMI's cost to extract gold looked great, but is there enough gold out there?

Thanks again for the update. Any more thoughts or news would be appreciated.

Eric
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