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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: john who wrote (20123)11/5/1999 2:24:00 PM
From: Mike Gold  Read Replies (3) of 25548
 
John, after leaving the AGM, I was left with the impression that a)there is indeed a very large short position and b)it will be taken care of quite soon. Certainly, the way the Fund deal is being arranged and the Nasdaq merger are parts of the short busting plan. Medinah seems to be holding the cards close to the table for reasons of their own.

I care about the short position. A short covering is the one thing that could cause the share price to raise well above what the company is actually worth. I, of course, plan to sell my shares at that point!

Since Medinah is still a OTC-BB stock-you can't expect that shorts will be forced to cover simply because of some drills turning or a few good assays. You need to use every trick in the book to accomplish it...
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