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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00Dec 18 4:00 PM EST

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To: Mike Gold who wrote (4036)7/9/1998 11:19:00 AM
From: Hugh M.  Read Replies (1) of 25548
 
Mike, while not extraordinary numbers, I agree, it would be far better to have some revenue, than dilute the issue further as a source of funds. My largest disappointment with the release, is that we are likely three months away from really coming on line. We should have been where we will be 3 months from now, 3 months ago! It leaves a lot of time for speculative swings in the price, before any substantial news on production is obtained. Our wild card, or 'Hail Mary' Touchdown pass, is a deal at Chumattra. The information I have, is that this angle of instant cash gratification has stalled though. I am at least grateful, that Management has decided to move forward with production(albeit small), than sit on their hands waiting for a resolution with Dayton, mind you, they really didn't have a choice.

Regards, Hugh
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