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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: J. Nelson who wrote (6216)9/19/1998 2:34:00 PM
From: Mike Gold  Read Replies (1) of 25548
 
Jim, the drill core was discussed in the G. House report. You recall Juan Valdez or something like that had a drill rig attached to his pickup-truck.
(I think it was done in the late 80s) The drill bit broke and the core recover was poor, but what was recovered showed excellent copper/gold minerlization. The core was shown to G. House on his initial visit.

Why go so deep with the drill? Not because the minerlization is only located at depth-but because the minerlization extends to great depth-at least based on what the IP shows so far. The purpose of drilling is define the resource-why would you only go part of the way down if the minerlization extends farther? It is apparant that this desposit is minerlized from the surface down to maybe even has deep as 1 kilometer.

I still think most of the posters here have completely, totally missed the importance of this deposit because of the recent decline in share price, poor managment decisions, the feeling that this is just another hook and sinker type hype or something. Do your DD people! Read the research thread. Read the house report-read the journal articles-learn your geology. If you don't understand the geology, you are bound to have wrong conclusions about this. Also, how will you interept drill results when they come out?(Actually, I'm sure Mr. Chief will be more than happy to provide interpretation-still do you want to depend on somebody's else thinking instead of your own when it comes to your investment dollar?
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