Medinah Mining Inc. (MDHM) Message Board

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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 (6950)	10/31/1998 5:27:00 PM
From: Ancil	Read Replies (3) of 25548

As far as tax loss every investor in MDIN will be looking at selling it in the next two months if they need a tax loss. As far as NPEC it has been in the toilet all year and people have already taken their loss last year or during this year . As far as a run in January I don't think there will even be a walk if they don't have a J.V. partner or news on the property that is incredible not just a lot more of these insignificant announcements that lead everyone to hope we still have a chance. Keep in mind . 1- no proven ore 2- no drill programs 3- only a lot of geological reports that tell you maybe we have a shot at something after more testing and drill programs hopefully next year. 4- there will be no production as we were told this year. No cash flow. 5- 80,000,000 shares . ( I have been checking gold stocks and only the largest producing companies have this many outstanding shares or are trading for pennies. 6-the dilution has exceeded the valuation of the company and no buy back program in sight. 7- not very much cash on hand. 8-No audited financials. If they don't come up with them we go to the pink sheets . Everyone wants the financials so we don't go to the pink sheets but who in their right mind will want to be a partner without them . We have been told for months that they were coming as well as production drill programs and stock buy back programs and so on and so forth. 9- keep spending money on promotion and the stock does nothing . 10-every time there are more shares issued the stock runs up and then falls apart with millions of shares trading up and no volume going down . I predict that this will be rolled back next year 10 for 1 so it can be financed. Sorry to sound so negative, but after investing the second time at higher prices, I am watching my investment erode in front of me.

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