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Gold/Mining/Energy : Macdonald Mines

MMP 69.00

0.0%

Sep 25 5:00 PM EST

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To: Rob who wrote (26)	1/29/1997 12:06:00 PM
From: David Graham	of 135

Rob - I agree about with your concern on the Golden Hill deal. Mill City is prepared to accept the offer but MacDonald has apparently not got all the required regulatory approvals in Canada. I am worried about the sulphide ore. Has anyone heard about any metallurgy work being done. MacDonald says the geology is similar to the Peublo Viejo deposit in the Dominican Republic, but that sulphide ore is not easily treated. This gives me concern about MMP's deposit. David

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