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: RMF who wrote (8024)	12/21/1998 7:53:00 PM
From: Mike Gold	Read Replies (2) of 25548

MICAP, to the best of my knowledge, the company has not sold shares to pay for the drilling yet! As of the end of last week, the drilling contractor had not yet even determined how much it is going to cost. (They had not even been on site.) (G. House came up with his own cost estimate to assist MDIN in planning purposes) I think the shares MDIN has issued thus far were to meet land contract obligations. I believe shorting is taking place now in anticipation of issuing shares for drilling. (Previous posts explain why I don't see thas a negative-at least considering various alternatives.) Still without holes, Lipangue might as well be worthless-and it is Lipangue that I see as the only possibility of moving MDIN into the multi-dollar range in todays pathethic junior mining climate. Get the dillings going!

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