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: garyb who wrote (6530)	10/7/1998 6:31:00 PM
From: Mike Gold	Read Replies (1) of 25548

Gary, I think MDIN is in the process of obtaining a debenture loan this week for the drilling. The loan should cover the cost of between 12 to 20 holes upto 700 meters deep. You can rest assured that MDIN probably won't be getting the prime rate for this loan! But this is probably a better route than issuing more shares I think you will agree! (I don't know if any shares would be issued related to the debenture or not-I guess MDIN does have some collaterial assets-ie the reserves at Andicollo.)

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