Houston Lake Mining [HLM-ASE] Message Board

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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE]

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To: WWS who wrote (90)	2/3/1999 7:37:00 AM
From: DRT	Read Replies (1) of 364

Everything I've heard and seen over the past 8 months regarding the Tib lake property points in only one direction: the potential for a PGM discovery. From my perspective, the following 2 facts were convincing enough to minimize the risk: - HLM is not in the speculative category of those reporting high PGMs in grab samples - HLM is the only company drilling with significant drill assays (i.e. initial results which indicate where to drill and that PGMs are likely to show up in the drill core). - North American Palladium's staking activity all around HLM's Tib lake claims and continuing interest in the property (no secret that they wish they were the ones going to drill Tib Lake). Based on the above, one can only hope the potential rewards outweigh the risk. Based on the above and the commitment I have seen from those involved, I have been buying this stock since last June, so I'll need more than 2.5 oz to cover my position. Once drilling commences, a few people are going to be surprised/caught with their pants down (excuse the Clinton pun). We, on the other hand will be anxiously awaiting drill results! Its good to see your continued involvement. DRT

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