Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

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Nov 28 9:30 AM EST

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To: the Chief who wrote (5244)	8/12/1998 2:42:00 PM
From: Mike Gold	of 25548

As far as the Santiago properites go, I believe MDIN owns 80%, vender owns 20%. Cost was $24 Million. MDIN had to make an initial downpayment.(It may account forthe misssing 6 or 7 million restricted shares ). I do not know the time period of payback on the balance. I was told that MDIN was planning on paying for it from money that make from production.(Yes, I believe production has already started on the placer properties) As far as the Andiacollo properties-I am hoping that issue is mute. Hope that helps some.

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