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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Dec 5 9:30 AM EST

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To: J. Nelson who wrote (5163)8/10/1998 12:26:00 PM
From: Mike Gold  Read Replies (2) of 25548
 
Jim, I believe what Mike J. is hinting at is that Newmont gelogists have been busy in the Andicollo and the Santiago properties proving up gold resources that we already know about. As you may be aware of, MDIN has pretty careful not to use the word "proven" reserves in their press releases to this point. The latest release is about property that Newmont probably has not got to review yet or if they have, they have their report that they are supplying to Newmont for their own DD on MDIN prior to any possible agreements.
I believe "Proven" reserves will exceed the 8 million ounces claimed by Golden Eagle.
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