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Gold/Mining/Energy : MICREX DEVELOPMENT CORP.:ASE -- Ignore unavailable to you. Want to Upgrade?


To: Greg or e who wrote (164)6/21/2000 1:10:00 PM
From: Leigh McBain  Respond to of 174
 
I really don't like to project share values, but if everything come together as I have been hearing it has the potential to, $2.50 to $3.00 would certainly not be out of the question. Now, would that happen overnight, I don't know how long it would take, but MIX has always maintained that the spool up time to production on the Burmis is only a 2 month process, so we'll see.

Salut,
Leigh McBain



To: Greg or e who wrote (164)8/3/2000 7:04:15 PM
From: Leigh McBain  Read Replies (1) | Respond to of 174
 
The discussions being referred to in this news release are, from what I understand, significant. The news release itself does not offer a ton detail, but I understand we should expect to see more in relatively short order. I have been told that the financing deal that head been going on for so long DID DIE, this was recent news (to me at least, as a result of not having had a chance to talk to Stan in a while). This deal has been being worked on for some time now and is apparently quite advanced. In the interim there have been some other new developments as well, mostly from a geological mapping perspective.

Salut,

Leigh McBain

MICREX DEVELOPMENT CORPORATION ("MIX-V") - Grants RIGHT of EXCLUSIVITY to a Major TSE Listed Company
Micrex Development Corp. announces that it has granted a RIGHT of EXCLUSIVITY to a major TSE listed company pursuant to due diligence concerning finance of the Burmis Magnetite Project. TEL: (780) 448-0922 Perry Meszaros or S.E. Marshall E-mail: mixinfo@mixcorp.com Internet: www.mixcorp.com