Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

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Nov 7 9:30 AM EST

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To: Mike Gold who wrote (19451)	10/8/1999 4:22:00 PM
From: Joe Bilich	Read Replies (1) of 25548

The fact that a given brokerage house can not deliver certificates does not mean that that house is itself short Medinah. Rather it suggests that there might be a composite (and, to me, presumably more concentrated) short position sufficiently large to cause a shortfall in total certificates big enough to effect many houses. It is very possible that the net client position (and house position, if any) at many of those 44 houses is in fact long.

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