Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.00

Dec 18 4:00 PM EST

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To: DR. MEADE who wrote (6241)	9/21/1998 5:35:00 PM
From: Mike Gold	Read Replies (3) of 25548

Well guys, it looks pretty bleak. From a technical standpoint, there is now no bottom-no resistance between 8 cents and zero. It is obvious that MDIN has no money-all the money they derive from selling shares is going toward debt on the properties, to Noble House for promotion, to drilling and other exploration costs so we can only expect ever increasing dilution at this point until the company stops becoming an active idenity. I'm guessing with tax selling season coming on soon-looking at a 1 or 2 cent stock in a couple of months. The only possiblity that this won't happen, of course, is what the drill results show at Liapangue. If they are anything short of specutacular-we are history. I suggest nobody average down at this point. Wait until the drill results come out. If they are good you will still have time to make a lot of money before it runs up. too much. Myself, I'm planning on going down with the sinking ship. Probably abandon all hope if the drill results are crap or they don't appear for some reason. I will not buy any more shares for any reason whatsoever. Whoever is planning on attending the meeting in October-please bring tomatoes!

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