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 0.00010000.0%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Gold who wrote (7530)12/8/1998 10:12:00 AM
From: Ken Sammut  Read Replies (1) of 25548
 
Question

Let's assume the court rules in favor of MDIN and it is ruled that Dayton never had clear title to the land and mine. MDIN is then awarded the property (which is big in itself) but is there really any chance that they would receive any penalty payments the court may rule?

DAY is already in default of their loan and it would seem that any assets the company may have will go to the lender who I am sure has first position or they would never have done the loan. I would think MDIN would end up behind DAY's lender.

Any thoughts?

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext