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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Jan 9 9:30 AM EST

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To: Dave D'Biker who wrote (3856)6/29/1998 10:59:00 PM
From: StaggerLee  Read Replies (4) of 25548
 
This stock's too cheap for anyone to short (no broker will allow it). When the price falls, like today, it's because longs are selling. I doubt there's any manipulation here. It's really not that easy to do.

I think this company is a complete and utter fraud. I don't think they own any gold. I think they'll keep delaying informative releases for as long as they can - maybe forever, and issue tens of millions of shares in the mean time. It's happened a million times on the TSE.

But I appreciate the audacity of their lies, and that's why I'm long :). It's pretty ballsy to put out a press release implying you're sitting on half a billion of readily-minable gold, when you likely have none at all. It's been over 5 months since the January press release, and still no revenues. As long as they are willing to print convincing-looking lies, there will be buyers of this stock. I have no doubt it will go higher, barring a TSE investigation (which is almost an oxymoron)
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