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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: the Chief who wrote (6155)9/15/1998 8:45:00 PM
From: KMT  Read Replies (2) of 25548
 
Chief/Vince:

Something to consider...

MDIN is in a legal battle with DAY. IMO, we've got them from a legal perspective. They need to cut a deal with us or they're out of business. If they or their board / debenture holders can keep our stock price depressed, that would give them leverage in cutting a deal.

It was intimated to me at one point in time that one of the members of the new DAY board picked up a couple million shares or so of MDIN. I believe we were in the high $.20's at the time. From there he could have shorted it and continued to short down here using his own stock as collateral, no?

Cheers,

KMT
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