Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.00

Dec 18 4:00 PM EST

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To: Mike Gold who wrote (4035)	7/9/1998 7:17:00 AM
From: Mike Gold	Read Replies (2) of 25548

Some numbers: I recall that the Pocone operation was suppose to produce between 12 to 15 kilos per month of gold starting with ore that ranged from .5 to 2 grams/ton. If we assume that the ore that MDIN will be processing using the same equipment will be at least 3 times this grade, we could expect upto 45 kilos per month. This is about 1500 ounces or about $460,000 revenues or maybe about $200,000 profits per month. Nice operation, but small. Hope my numbers are way low. Anyone else care to speculate?

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