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Gold/Mining/Energy : Leadville Mining & Milling-LDMM -- Ignore unavailable to you. Want to Upgrade?


To: Tim Hall who wrote (29)12/22/1998 11:02:00 AM
From: James E Lynch  Respond to of 32
 
No idea, it's been moving for a couple of days now with no news.



To: Tim Hall who wrote (29)12/22/1998 2:28:00 PM
From: Al Cern  Respond to of 32
 
I started following this co. on the Yahoo thread a while ago. My impression is that this is a classic case of someone issuing equity at low prices and then running up the stock and dumping it. Calling the company does little to disspell that notion. Why would anyone in their right mind value the equity at $25,000,000. Of course I could be missing something real big!



To: Tim Hall who wrote (29)12/22/1998 7:58:00 PM
From: Harvey H Anderson  Respond to of 32
 
Tim
I called Leadville, and talked to Don Wilson this afternoon. He's working swing shift till about 2 am each day. They have started production mining in the last two weeks, and had hoped to have the mine in full compliance (Exits, etc.) by 12/31. He said they were a bit delayed but should have it done by 1/12/99. I've been long in this stock since well before the 1 for 10 reverse split, and price wise it's finally getting back to it's historical trading range. I took what he had to say to mean they'd have enough ore stockpiled to start the mill running by mid January. I guess we'll have to wait and see.
Bud Anderson