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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE] -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (216)	7/27/1999 6:09:00 PM
From: DRT	Read Replies (1) \| Respond to of 364

The last financing was for Tib Lake (Pakeagama Lake - Ta, Cs, Li, Rb, etc. was acquired after that work had commenced). Obviously, you are not aware of the facts re. Blackwell or the company's properties. Here is my version 1. AVL - It was Blackwell that was IR at the time of the run to $3.50 (market got ahead of itself/market cap was not justified based on a Li-Rb deposit) and that played a key role in subsequent financings. Where do you get your mis-information??? - Current management is the cause for the price rollercoaster (fully valued + some in my opinion)... insider trading, insiders selling to participate in low price financings, overstated Ta-Cs potential, etc., etc. At least 2 directors sold what they had. Just check who was selling pre-release of East Cedartree results/guess you were not watching...the same house was selling recently when it went to $1.42, now its back to $0.90. 2. HLM - Blackwell was instumental in the acquisition of Pakeagama Lake and the financing required for Tib Lake exploration. - Work is ongoing on the PGM property for the reasons I stated in previous posts (size of intrusion, geology similar to Lac des Iles, surface and drill indications of higher grade PGMs than other juniors, etc.). This is no SOE - if you prefer that 'pump and dump' scenario again, I'd suggest looking elsewhere. When HLM runs it will be based on results and shareholder value will be realized long-term. - Pakeagama Lake: The only unknown is the 3rd dimension - depth, which requires drilling. Trenching would only better define drill targets - not sure its even necessary given the analysis already completed by the OGS and The Open University. - Its not about getting the story out, its about raising $$$ for exploration drilling - most juniors are mere shells with no $$$ and no real potential for a discovery. HLM has the potential for 2 discoveries - PGMs and rare metals - commodities with increasing demand-price scenarios. - The challenge now is to raise the financing required to drill Pakeagama Lake, while ongoing work at Tib will add value in itself down the road. I spend the time to put this information up on this site because I am a significant shareholder (now own 4X what I ever held in AVL). I believe in the company, its people and their properties. With a market cap of only $3 million, especially compared to others, the downside is minimal don't you think? DRT

To: RMF who wrote (216)	7/27/1999 7:02:00 PM
From: Jason Marcotte	Read Replies (1) \| Respond to of 364

You may want to check further into the fundamentals of the current palladium (& platinum) market. I suggest finding a 3 year price chart on palladium. You will find that the price of palladium has TRIPLED in that time. Considering that the Russian palladium supply would appear to be dwindling, the palladium market is definitely a bullish one at this time. I believe the fundamentals dictate that Houston should be concentrating on its PGM property (which is very close in proximity to North American Palladium's operating palladium mine), rather than diverting its resources (both human and $$$) to a remote rare metals property which may or may not have "marketable" metals. Jason