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: Claude Cormier who wrote (18924)	9/15/1999 3:09:00 PM
From: rhr	Read Replies (1) of 25548

Claude-- Facts are wrong. Bema had 130 million shares then, price of gold was 300, Refuggio was producing, but no real cash flow, and the stock moved on the speculation of CC being a "big" find. No definite resources established. Anyway, my point was that the stock was mainly speculation on a possible strike and had really nothing to do with actual resources. These companies are speculative plays at this stage. Some work and some don't. You seem to get in when resources are established and they are undervalued, which is a good asset play and works good for you. Your gains will be good, but not fantastic and you should have little if any loss because of the asset value. The people in this stock will lose frequently because the asset ends up not there and occasionally hit big when the asset is. This stock is not for you for some time I'm afraid. But I do think it has the assets and will be a big gainer.

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