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


To: RICK who wrote (578)1/9/2000 12:54:00 PM
From: hugh thorne  Read Replies (1) | Respond to of 664
 
I would certainly like to know more details about the departure of HDG. It may well have been personalities however those problems can usually be overlooked when things are going well.

I don't see how mlsm can be selling shares over the last while. For this to occur they would be required to issue shares from treasury, a time consuming legal process. If you mean to say that princpals are selling, that is something very different. I doubt however that they would sell shares in order to loan the funds back to the company.

The absence of assay's could be bad news, alternatively, if i was out trying to raise capital, i would likely keep that info private at this time and use the results to attract the new capital. By doing it this way, the investors are able to buy in at less then the "public" value of the news. Also, lets not forget that the christmas season just isn't the best time to release results, generally fewer listening.