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

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To: EFuller who wrote (22)11/25/1997 1:47:00 PM
From: Herman Nolting  Read Replies (1) of 32
 
Eric: I think the actiion comes from some stockholders that have been to visit the mine and maybe bring a friend. I know on my last visit I brought a friend and he has been buying since that time as he gets out of other stocks. Multiply that be a few visits and you get the volume that has been shown the last few weeks. The mining equalivent of OSHA has required them to finish the tunnel to the other shaft on the 7th level before they can continue mining They have about 250ft to go. I haven't confirmed this but I hear they found a continuation of the "B" zone in the process of the tunnel The "B" zone was assayed at 1.39oz gold and 5oz silver per ton. Should get interesting once they get into production.
Herman
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