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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: the Chief who wrote (6646)10/14/1998 3:51:00 PM
From: Mike Gold  Read Replies (1) of 25548
 
Chief, depends what you define as little when you refering to the info available to House. On the placer deposits, they have historical information on previous mining there, House did a walk through some of the placer, Dr Jones and some others have done studies including some large scale sample sizes. I believe they might just have enough info for a well educated guesstimate. Andicollo has been drilled by Howe and previously by another company-heck even Dayton drilled a few holes on MDIN holdings-I believe proven reserves is correct term to use in that case. As far Lipangue and Los Dos Marias-they have the mining history, some spot assays, over 23 kilometers of IP results and enough geology info to determine that the deposit fits the porphyry model quite well. I don't believe they have made a guesstimate on its size yet other than calling it massive. Still none of the info is bullet proof to be sure. Obviously the share price reflects this!
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