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Gold/Mining/Energy : Lyon Lake Mines Ltd
LLL 245.17-0.4%Jun 28 5:00 PM EST

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To: Bearcatbob who wrote (401)5/22/1998 10:20:00 PM
From: TrueScouse  Read Replies (1) of 520
 
Bob:

I think start up was in December -- not September. Anyway, I haven't seen the Annual Report so I don't know what it says. But I spoke to the PR people in Toronto today and was told that the 1st Quarter report is due out in a few days. Perhaps that will give a clearer statement on the number of oz being produced. Meanwhile, they will be starting further exploration at BV in about a week, and the financing from the caisse in Quebec means that there are no cash problems.

I'm still waiting to hear if LLL will make a serious bid for Placer's Las Cristinas property. That would be a great acquisition. We have to be patient IMO.

Regards,
Howy
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