Medinah Mining Inc. (MDHM) Message Board

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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: TomNY who wrote (4861)	8/4/1998 6:03:00 PM
From: EtTuBrute	of 25548

WOW DAY at 5/16 on the bid. Im holding out for 3/16. Its getting there. As to MDIN release today, problem is, they are turning in 2.8 common shares, and will get back 4 shares, so they are netting 2.2 common shares, an actual increase in the number of common shares. HOWEVER, these conversions cannot happen until 7/99, and then they can only happen at a rate of 1/3. I think this is fine since they are restricting their stock for an extended period, so they should get something in return. This will also help alleviate the short problem in the short term. Hopefully by then (7/99), NEM will buy us out anyway, right Mike Jameson??????? :-) :-) GG

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