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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: Jane4IceCream who wrote (7909)12/19/1998 11:29:00 AM
From: on parole  Read Replies (2) of 25548
 
Jane, it doesn't add up to me that the company is dumping shares on the market. Sure there has been dilution all along, this has been reported and updated on this thread. Needed to pay for land and other services. MDIN allows the transfer agent to provide this information to shareholders, and management has provided the specifics of what the shares were for, each and every time. They have been emphatic in that there would be no reverse split, that they respect their shareholders too much. The drilling is being done on a favorable basis to shareholders with the shares being restricted and MDIN has the option to buy them back. This company has had a shareholder's meeting and is moving to being a reporting company. Does this sound like something sinister is going on behind the scenes to you? Anyone, correct me if what I have stated is wrong. There are many on this thread much more knowledgeable about the company than I am.

Realist
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