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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Nov 14 9:30 AM EST

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To: Trader J who wrote (21227)12/22/1999 8:39:00 PM
From: Mike Gold  Read Replies (1) of 25548
 
TJ, as far as I can tell, the only thing thing in the short term that can get Medinah moving again is the "Fund" deal.
Problem now I suspect is the "Fund" is leary about investing in such a shaky company that is on the fast track to the Pink sheets. At some point, it will all shakeout. The financials with get approved by the SEC. The financing will come in. The property will be developed. The short position will be exposed.(By the way-rumor is the SEC/Candian authorties will be taking action against the Medinah shorts among others.) It is all a matter of timing.
Still some downside risk-say 5 cents before we see a recovery is my guess but seems I been wrong more than right lately. Cheers.
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