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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 (790)1/6/1998 12:20:00 PM
From: Mike Gold  Read Replies (1) of 25548
 
MDIN Update:
Talked to "Al" at Medinah at 1-800-547-9375 who told me to use 1-888-572--0170 instead. I asked for Investor relations and he said "speaking".
1) To the best of his knowledge, Ralph Ulm is not the new investor relations person currently.(He wanted to know why I thought that Ralph Ulm was the investor relations person.)
2) MDIN has already acquired the 2 new properties in Chile.
3) The acquistion is being funded through shareholder loans.
4) Production at the new properties to begin Mid-January.
5) Mining equipement already present at the property-i.e. it comes with the acquistion.
6) He did not have exact numbers of expected gold at the new properties in front of him.
7) Essay results from Andicollo to be aviable/finished/released sometime within 10 days to two weeks.
8) Development of Andicollo will likely by done by themselves but a partner is still possible.
9) Rate of development of the Andicollo properties to be determined based on how well the assay results are-he did not hint at on how well they are.
10) Current total number of shares outstanding remains at 21,000,000 million with 14 million restricted.
11) Canadian property development on hold due to events in Chile.
That's it.
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