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Gold/Mining/Energy : MILL CITY MIY-V

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To: HAZ who wrote (432)3/14/1999 5:52:00 PM
From: VAUGHN  Read Replies (2) of 707
 
Hello HAZ

SUF's Howard Bird was in town last week and is on site now. He said he would be back in town Friday. No airborne results have been announced yet and he would not say anything when I pressed him. He is notoriously tight lipped and SUF as a consequence can never be accused of tipping insiders before any NR's. The hour MIY management knows what has been found, will be the same hour you will see a NR out to the general public. That has been the pattern over the last seven years.

SUF has been more relaxed over the last two years about giving progress information to its junior partners which they typically put out as NR's, but those never contain any material news. They just prime the pump.

I am fairly confident that if HB gets a distinctive coincident Mag and EM up ice of a train and over a lake, he will order his ground Mag crew there the next day. In that regard, I am optimistic that there have been several such events so far most likely followed quickly be a sonic drill core if the ground Mag looks promising.

In short, I am sure there will be progress news if not from site this week, then released from YK early next week.

I am also reasonably optimistic that you will see $0.22 by Wednesday, flirting with $0.27 Thursday/Friday before some profit taking shows up.

Take a breath,... cus the ride ain't even started yet!

Regards
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