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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: StaggerLee who wrote (3412)6/16/1998 10:37:00 AM
From: KMT  Read Replies (1) of 25548
 
Stagger:

For some reason my answer to your questions didn't post. Perhaps then you may take my comment to findstock in a different light after this repost.

1. What made the stock lose 95% of its value in 1997? (ie, from $2 to $.09)

Decline in POG and massive shorting of MDIN.

2. The company keeps issuing news releases saying it's acquired gold-rich properties. How are they paying for these assets?

Cash and restricted stock.

3. What is the status of the NASDAQ listing?

In order to be listed you need first to be a fully reporting company. The financials of MDIN are currently being audited. It's my understanding that the audit is winding down. After it's complete and reviewed by management it's my understanding that the audited financials along with the 10K will be submitted to the SEC. At that point MDIN is a reporting company. After applying for and meeting the necessary qualifications for full NASDAQ listing we'll be listed.

This sounds like another Bre-X waiting to happen.

This comment doesn't really warrant a response.

Regards,

KMT
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