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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Dec 5 9:30 AM EST

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To: findstock who wrote (6523)10/7/1998 9:39:00 PM
From: Hugh M.  Read Replies (1) of 25548
 
findstock, this issue is churning badly. Buying volume is supposed to move the shareprice up, but the constant flood of paper we seem to be seeing is keeping us down. We have traded, by my estimation, about 20-25% of the real float in the last two days, something doesn't add up. Vince, is it possible the preferred shares would be converting at these prices? CMYN had a 'death spiral' convertible, which destroyed the company. Could this preferred paper have moved offshore for 45 days, only to be sold back into the market through my fair country?

Hugh
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