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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.


NEO:MLM - Post by User

Bullboard Posts
Comment by SUEMEon Jun 28, 2000 12:07am
66 Views
Post# 2126944

RE: My honest concerns..

RE: My honest concerns..Good comments. Unfortunately we have seen the true colors of this management. What needs to be done to protect shareholder value is quite simple, we need a change. It would be apparent that the directors and the CEO are in this scheme together. As a public company, there would have to have been a resolution for the $10K contract. The next logical question would be relating to consideration. Have the directors received any options, or other consideration for this resolution. ie Was this a bribe?? The more I think about it, the clearer the picture. We need a change. Bernie has proven himself to be sly, and that is why the stock is trading, or not trading where it is. The absence of TK might also send us a signal. They have not purchased any shares. CHANGE PEOPLE, get to the meeting and tell them who is working for who, and whose money are they spending. Renato, is probably the only man who can make this thing work. Without him, it's over. There needs to be a resolution to elect Renato as president and CEO, and also replace the two other cohorts. (directors) Get out and participate. This company can still be very successful, but not the way it is. Go to the AGM and let them know what you think. Good luck to all shareholders.
Bullboard Posts