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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Jan 16 9:30 AM EST

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To: Win-Lose-Draw who wrote (17032)7/12/1999 9:43:00 AM
From: Mike Gold  Read Replies (1) of 25548
 
"90 days? Seeing as how the short-busting campaign has gone on for a good 2 years isn't it about time to see some results?"

YES!

"While the shorts were being busted, Medinah kept increasing the float and the price kept falling. Are you sure they won't start printing more shares again?"

MEDINAH HAD TO FUND OPERATIONS THROUGH THE ISSUANCE OF SHARES-THE NUMBER OF SHARES ISSUED BECAME LARGE DUE TO CONTINUED SHORTING AND THE GENERAL POOR CONDITION OF THE GOLD MARKET. I DON'T BELIEVE THAT MEDINAH WILL ISSUE ANY SIGNIFICANT AMOUNT OF NEW SHARES AS FUTURE OPERATIONS WILL BE PAID BY THE JV PARNTER.
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