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Gold/Mining/Energy : MILL CITY MIY-V -- Ignore unavailable to you. Want to Upgrade?

To: Peter Bourgeois who wrote (399)	2/18/1999 1:48:00 PM
From: ALAN DUBE	Read Replies (1) \| Respond to of 707

Hi Peter, well, I finally received something back from MIY. They didn't answer all of my questions. Below are copies of my email to Jacquie and Her response. #################################################################### Hi Jacquie, Will there be another NR after the presentation? I will be unable to attend and would dearly like to know what is happening with the Yamba property. Also, can you give me any info on what is going on with Alberta Aerospace and the Cuba property. Thanks Al ######################################################### We received your e-mail dated February 15, 1999 and thank you for same. As relates to our deal with AAC, we had a Debenture in place pursuant to which we were required to fund on or before December 31, 1998. As AAC was not able to resolve all outstanding matters prior to that time, we were not able to go to the market to attempt to raise funds which would have been advanced to AAC under our Convertible Debenture. As matters stand to date, we have demanded payment of all monies owing to Mill City under our Debenture and are awaiting payment from AAC. You may be interested in checking our web-site within the next week since we will be posting the latest President's Message (and financials) on the web-site. (Our web-site: www.millcitygold.com) Hopefully this will answer your inquiry. Larry D. Revitt