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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: KMT who wrote ()10/7/1999 4:17:00 PM
From: rhr  Read Replies (1) of 25548
 
I think Caude is correct i.e. the company is overvalued, based on the way Claude values these types of companies. He tends to look at proven reserves and assets to determine capitalization. That is a good way to not lose money on a company. However, it takes in no account of speculation or POTENTIAL reserves. Therefore, his valuation makes some money and loses seldom, which is great. He loses out on some large potential values and catches them farther along. I, and many others on this thread, prefer to take the risk and sign on for the potential. We will tend to make a lot more or lose a lot more. Rewards are based on risk. Claude doesn't take many risks, and his expertise is well accepted. At least by me.
Rich R
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