Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hugh thorne who wrote (173)	7/30/1999 9:37:00 AM
From: Brumell	Respond to of 664

Unfortunately, I agree with you. Without news we have no where to go but down. Last night I went through MLSM again and looked at their trading chart. We've had a consistent floor of about 40 with a number of decreasing highs - 80 in April, 70 in May, 60 in June and about 50 in July. Now that we've broken through the 40 floor, hard to guess the bottom. Technical trading types would be proud. It's a perfect graph of a negative pennant. Can't say I'm too happy about things and the HDG/MLSM silence doesn't help. I guess the answer is to hold, wait for an end to the negative cycle, then buy more. Bottomline, I think the property is good and expect good results. Meanwhile, excess liquidity and no news are crippling.

To: hugh thorne who wrote (173)	8/3/1999 11:51:00 AM
From: Brumell	Respond to of 664

I dunno Hugh. Looks like about the bottom to me. Think I'll count my pennies and go in for more. Between the two of us, we are going to have a pile. Maybe we should ask for a seat on the board. Don't know about you but I'll have to ask for mileage expenses. Wonder if they'll include meals.... :-)) Bob