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: K. Kornelson who wrote (15777)	6/20/1999 11:27:00 AM
From: coug	Read Replies (3) of 25548

<<<<<<<< With very few holes drilled MDHM has twenty-five million tons of INFERRED RESOURCE, which is 2 1/2 to 3 times the quality (gold equiv) of Argentina Gold's on the other side of the hill. Argentina Gold Corporations inferred total resource was 6.8 million ounces gold equivalent when Homestake Mining Company brought them for $200,000,000.00 U.S. ANYONE CARE TO DO THE MATH HERE!!!!!!!!!! >>>>>>> Please explain how MDHM has 2 1/2 to 3 TIMES the inferred resource of Argentina Gold when MDHM reports their resource in TONS and Argentina is reporting their resource in OUNCES.. I doubt if MDHM's resource averages more than one OPT..ie (ounce per ton) Stating these numbers without grades, ie OPT equivalents, does not add much to relevant discussions of valuations, IMO.. Also IMO, stating an inferred resource on just a few holes, scattered outcrop and road cut samples is pretty AGGRESSIVE.. Just doing my DD... Good luck investors... Coug

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