SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Gold who wrote (6432)10/5/1998 8:53:00 AM
From: Handshake™  Read Replies (2) of 25548
 
Mike, 10% of the voting common could force a proxy vote. We'll kick the tires over the next 48 hours to see what the discussions should be to the shareholders of record. For now, it is important to remember that "they" (whoever "they" are), will probably move this stock up over the next two weeks, coupled with a dog & pony at the agm, should make us lit'l ol investors complacent for a few more months, what else are we gonna do tuck tail between legs and take tax loss. I think its important for shareholders to be convinced that Medinah will not be another CUMO or DBO.
ALSO ... Mike, if they have a controlling interest it has to be an indirect interest IE closely held by groups that are believing the stock will improve under current management. If these shares are being held by insiders then they have directly violated the SEC laws (IMO) that I have outlined in my "Sunday reading list". Surely they wouldn't want to violate laws so my guess is... is that many shareholders that are unhappy with recent price activity would be more than receptive to improve Medinah's management team and readily vote for a or a few new board members. What would they have to lose. Of the current float we have been led to believe that many of those recently released shares have gone to land owners. These land owners "if they still own the stock" would certainly love to see a much higher share price. If they sold their shares to some entity closely affiliated with Medinah, then that entity would surely love to see a much higher share price. So ending the rambling, the best thing for shareholders (large & small) is to vote for additional board members. Current management should welcome this endeavor as to enstill a sense of Medinah's longevity and morality. Again...MOO!

:-)
Geez so early in the morn n to be a preach n!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext