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Gold/Mining/Energy : Macdonald Mines
MMP 69.000.0%Sep 25 5:00 PM EST

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To: Dennis (Hijacked) who wrote (31)2/3/1997 6:56:00 AM
From: Rob   of 135
 
Dennis,

The drill program is in full swing now and more results should be out soon, so its hard to say. They're drilling new targets and any one could prove to expand the 1.3 million ounce resource base. I think that the next set of reults may still be from three hills as more fill-in drilling to prove up the 1.3 million, and then we'll see some new zones but these holes were drilled a while ago so the time of release is complety unpredictable.I think that if you sell now you may be giving your stock away to someone very cheap. At 1.3 mm I think that MMP.A should be worth about $1 per share or more. I think alot will depend on the merger deal and based on this mornings release from GHMC and MIY, I'm starting to wonder what the hold up is?

Rob
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