SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J. Nelson who wrote (3370)6/12/1998 11:11:00 AM
From: James Berg  Read Replies (1) of 25548
 
<<If there intrest payment is $50.00 a AU oz. What's
there for a gain? Is there a good Auction team in Chile as it seems to me
that there may be a sell off or just plain old closing until the price of
gold gets back over $ 300.00 + a oz just to make ends meet at the operation.>>

I think their hedging program raises their effective selling price to well over $300/oz.

--James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext