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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: DR. MEADE who wrote (1708)3/27/1998 12:09:00 PM
From: WHL  Read Replies (1) of 25548
 
Gold- Oh my goodness. It's at $304 per ounce now and in steep vertical ascent. That's $13 per ounce just this week. I would suggest that my use of $300 per ounce may be a bit conservative. This has the look and feel of a breakout to me.

PS. By the way, folks, MDIN is in the GOLD business. I don't know about you, but the reason that I chose MDIN was that the stock market is very toppy, gold is severely oversold and historically the two move in opposite directions. It seems like (at least today) the stock market and the gold market are both agreeing with this hypothesis.
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