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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: Mike Gold who wrote (18787)9/10/1999 10:28:00 AM
From: Claude Cormier  Read Replies (2) of 25548
 
<<The value is there-the buying will come>>

I agree that MDHM had some good drill holes .. but..

I'd rather say, the potential is there...the value is still not there. At a market cap of $33M, mining stocks usually have an deposit of 2-4 millions ounces of gold in store, a lot of cash, one or more JV's with senior partners...etc.

Until these assets materialized, one cannot say that MDHM represent value at current stock price no matter what great potential it has. Give us a few deep drill holes with the grades similar to those already published and we will start talking.
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