Medinah Mining Inc. (MDHM) Message Board

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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: KMT who wrote (3425)	6/16/1998 11:02:00 AM
From: StaggerLee	Read Replies (4) of 25548

>>Decline in POG and massive shorting of MDIN. Certainly part of the crash was due to POG, but there's no way 95% of the company's mkt cap (eg, $80 million or so) was wiped out by short sellers and gold prices. That's ridiculous. Does anyone know what happened? Also, recent press releases attempt to indicate that this company is sitting on as much as a billion dollars of readily accessible gold, yet the stock values the company at around $15 million. What gives? The market seems to believe that the company is publishing lies.

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