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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: EtTuBrute who wrote (19391)10/7/1999 2:46:00 PM
From: Claude Cormier  Read Replies (1) of 25548
 
<<When more information is available, the stock price will be much higher, and you will be missing out on significant gains IMHO....but then again, its all a matter of risk/reward. >>

I certainly agree with that... how much higher will depends on what type of holes they come with.

But this doesn't mean that I wont buy the stock before this info is avail. Right now the stock is still coming down. At some point it may become cheap... a combination of a lower stock price and some good news re: financing or JV would make me think twice. In fact I think this is what may happen before they drill.

The problem is that I am not yet a shareholder contrary to some here who bought when the stock was lower. So, I am reluctant to enter an overpriced stock (even if it has great potential) simply because, in this business, the odds are against discovering major deposits.
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