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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST
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To: KMT who wrote (4406)7/20/1998 3:51:00 PM
From: Joe Bilich   of 25548
 
KMT--as long as you're digging into the suit, here are a couple questions to pose:

Given that the events in question occurred in Chile, what jurisdiction does MDIN think that US courts have? If little or none, is the US suit essentially there to put something "on the record" in a place that can easily be confirmed by investors that there is (still) a dispute? Is the suit in part aimed at DAYTON's shareholders and market makers and institutional holders--filed to show these parties that there is another side to the story that DAY mgt. has been putting out, perhaps to have these parties assess risk and put pressure on DAY?

I am not saying that US courts have no jurisdiction, just aware that many would dismiss this out of hand assuming they did not.
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