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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: OFW who wrote (16708)7/7/1999 4:00:00 PM
From: Coz  Read Replies (2) of 25548
 
Thanks for posting that, Offie.

You know, we all have to consider how these negotiations are taking place. I have an idea that we all expect that all of these guys are sitting around a big table somewhere shouting at each other and hammering out a deal. But that ain't the way this works guys.

Porposals and counter-proposals are submitted in writing. The majors let their lawyers look them over and review them amongst their board, then they fire something back to Medinah who goes through a similar process. Days pass between each offer. This process takes time. You don't hammer out a good agreement overnight!

Would you want Medinah to jump at something just to get the deal done fast? Nooooooooooo! Each company is going to bargain back and forth trying to get the best agreement possible.

I think we'd all be better off to just consider the news releases showing us we have had good drill results, and let's wait for Medinah to negotiate the best deal they can for us.

--Coz
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