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Gold/Mining/Energy : Millstream Mines (MLSM) -- Ignore unavailable to you. Want to Upgrade?

To: Just G who wrote (98)	6/8/1999 1:25:00 PM
From: Brumell	Read Replies (2) \| Respond to of 664

The point about drilling is important. Their NR of May 17th declared the start of work and I assumed drilling was to commence about then. However, 3 separate calls to MLSM offices in both Toronto and North Bay produce approximately the same story. A heavy drill was moved in about 2 weeks ago, a 2nd heavy drill was moved in last week, and a 3rd lighter unit is due in this week. They all say drilling has not started. They say the 2 heavier rigs will be used to drill at depth near old minesite while the third will be used to test newly discovered anomalies. The drills are from Bradley Bros. The delay is due to the funds from financing and LP not having been disbursed yet. Last week their estimate was about 7 - 10 days before drilling would start and 10 days would be about this Friday. If anyone else from here has called them, post your comments here. I'd hate to see anyone sell because they thought recent trading was due to bad drill results - if drilling hasn't started. Bob