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Gold/Mining/Energy : MIRANDA--MAD ON VSE -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (429)	1/9/1999 12:26:00 PM
From: Baywall	Read Replies (1) \| Respond to of 462

Bill, I don't know what timeframe they have in mind. When I phoned and mentioned Mar./Apr. this seemed to get a positive reaction. Discussed were the holidays and that most in Mexico would like time to observe Christmas. No more details on timeframe were discussed. Getting equipment, signing of contracts for work to be done, etc. were still to be done. Money can be burned in a hurry on exploration. Maybe some time is required to determine the best areas to drill. Numerous zones have been identified thus far and some order will be needed. I assume both trenching and drill machines will be used at the same time. I like the stock's behaviour and have purchased on that basis even before I saw Kaiser's and other newsletters. It has almost been a year since Kaiser recommended the stock and probably has played on some patience. There was tax loss selling in Dec. and now there is only thin trading. The ask price of 49cts may show an absence of sellers for the time being. I will put in a bid at 25cts on Monday and see what happens. I am still hoping that Miranda will put out a release that drilling is about to start when they are ready to do so. LVL