Medinah Mining Inc. (MDHM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

MDMN 0.000001000

-99.0%

Jun 3 1:07 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jane4IceCream who wrote (16077)	6/24/1999 10:58:00 PM
From: DoubleOddBuck	Read Replies (2) of 25548

Does any one really Care about Gold these days ? The big mining operations are scaling back operations trying to keep their heads above water, Gold is at $260 and Martin A. Armstrong recently was quoted " ..With Gold closing within 40 cents of its 19 year low, one can hardly make the case that gold will prove to be a buying opportunity. We still see gold falling to slightly BELOW $200 on the London spot market before there is even a hint of a bottom coming in place. When gold drops below $200 and Silver under $3, then the global trend may begin to change..but not before!" Gold at $200 will put the majority of operations in the red. Mines will suspend operations. I don't see any deep pockets going into gold right now. The only hope is if this find is huge and a major buys Medinah out to sit on the claim for X number of years until Gold turns around, if ever.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next