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

To: Morag who wrote (127)	6/23/1999 8:15:00 AM
From: hugh thorne	Read Replies (1) \| Respond to of 664

The company gets a plug in the July 2nd issue of Investor's Digest. There is an article by David Mason, CEO of Augen Capital an ASE merchant bank, and it is on junior plays. In general, there is a discussion about reading geological data and then some points on what to expect in returns depending on what stage you invest in a resource company. He then goes on to discuss among a few other companies, MLSM. To quote: "The grades discovered are much higher than most. Horizontal continuity, greater tonnage and the existence of one or several discreet deposits, however, need to be established. Senior financing has been arranged and therefore we could be looking at an exciting program unfolding this summer." He also goes on to note that the market cap of the company is relativly small, which he is suggesting should change given that it has not increased appreciably since drilling began again. Anyway, i guess he has summed up the objectives of the 3 drill out there.