LDMM - Leadville Message Board

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Microcap & Penny Stocks : LDMM - Leadville

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To: Jonathan Estabrook who wrote ()	2/9/1997 10:21:00 AM
From: Harvey H Anderson	of 18

Jonathan, I've had a position in this stock for well over 5 years. I bought at 10 cents, and it's still right around there. The company has little debt, and a beautiful milling plant that's never been used except for testing to my knowledge. The mine holdings are mediocare and quite old. They keep the mines open and up to safety specs, but are always looking for joint venture partners to get things rolling. I toured the mine about 3 years back with the operational president Don Wilson, and walked for miles through the mine. As I recall, ore runs about 15% lead, 10% zinc, 5-15 ounces Silver / ton and .10-.12 ounces gold / ton. At the milling site also in Leadville, CO they have a never used tailings pond with EPA approvals, and room and approvals for 3-4 more. Hope this helped. Bud Anderson

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