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

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To: Tim Hall who wrote (29)12/22/1998 7:58:00 PM
From: Harvey H Anderson   of 32
 
Tim
I called Leadville, and talked to Don Wilson this afternoon. He's working swing shift till about 2 am each day. They have started production mining in the last two weeks, and had hoped to have the mine in full compliance (Exits, etc.) by 12/31. He said they were a bit delayed but should have it done by 1/12/99. I've been long in this stock since well before the 1 for 10 reverse split, and price wise it's finally getting back to it's historical trading range. I took what he had to say to mean they'd have enough ore stockpiled to start the mill running by mid January. I guess we'll have to wait and see.
Bud Anderson
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