McFarlane Lake Mining Ltd V.MLM.H

Primary Symbol: N.MLM Alternate Symbol(s): MLMLF

McFarlane Lake Mining Limited is a Canada-based gold exploration company focused on the exploration and development of its portfolio of properties. The Company’s High Lake mineral property is located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property is located immediately west of the Ontario-Manitoba border. In addition, it holds the McMillan and Mongowin mineral properties located approximately 70 kilometers (km) west of Sudbury. It also owns the Michaud/Munro mineral property situated 115 km east of Timmins. The West Hawk Lake property is comprised of approximately 23 mining claims totaling 336 hectares. The property is located within Southeastern Manitoba, approximately 53km west of Kenora and 130 km east of Winnipeg. The McMillan Property is comprised of over 12 mining leases totaling 268 hectares. The Mongowin Property is comprised of approximately 122 mining and three patented claims, totaling 2605 hectares.

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McFarlane Lake Mining Ltd

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Post by golf20on Apr 13, 2000 1:46pm

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Post# 1778446

news and rumors

If you have read their past NRs I think a good guess would be another facility down TO way. The question is do they start from scratch or do they buy an existing business. If they start from scratch it would take from 30 days (existing building to convert) to six months. If they bought an established company it would have immediate revenue like Lyco and would help in the share price. My bet is: they go to TO where the people in Canada are and they take over a business with revenue. After that they expand into the USA. I base my often wrong opinion on past NR's, BWTFDIK regards

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