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: Handshake™ who wrote (6011)	9/8/1998 4:23:00 PM
From: the Chief	Read Replies (1) of 25548

Hi Vince. with the withered talk of Homestake, and Newmont, and Asarco claiming they never heard of us, it may be time to pose the question to about ten majors as to whether or not they have a non disclosure signed with Medinah Inc. or Sierra La Plata or other related entities and see what we get. Any reputable company will tell if they do and can not discuss it. Actually, Confidentiality agreements do bind both parties to a no comment/denial of interest. They do this because the signing party doesn't want anyone to know he might be interested in the property. The reason is obvious, if either say "yah, were looking at it", then other companies will want to do DD on the property creating a possibility of a bidding war. This poses a significant disadvantage to the original signee of the confidentiality agreement! The owner of the property agrees to not disclose the other parties involvement, as long as the interested party will sign a standstill agreement. So between the confidentiality and the standstill agreements both parties are bound and protected!! The standstill prevents the company from attempting a hostile takeover after getting access to the companies "numbers" under the Non-Disclosure Agreement!! The Non-disclosure agreement is a document that binds the signing company "never, and I MEAN NEVER" to reveal any of the data that he was given access to while conducting DD under the Confidentiality agreement! Barricks core sampling results of the "famous Busang" (Bre-X) could not be revealed to the general public because they signed a NDA. They could not discuss concerns about Busang because of the Confidentiality agreement!!( I don't agree that frauds should be protected, however thats the way the "game" is played!! FYI the Chief

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