Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

0.0%

Dec 26 9:30 AM EST

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To: J. Nelson who wrote (8223)	1/7/1999 6:30:00 PM
From: Mike Gold	Read Replies (2) of 25548

Thank you for your clarification, Jim. In regards to shorting, MDIN is involved in plenty of lawsuits. The other parties have plenty of reason to see MDIN crash and burn-and that could be one group of shorters. Also major mining companies could be behind the shorting-would make MDIN an easy take-over target. These are 2 very plausible explanations for the shorting so don't bother to deny the possiblity. The drill program is a big positive for the company-there is no denying that as well. The only possible negatives is if the drills don't turn for some reason or the drilling proves to be unsucessful. MDIN owns 80% of Lipangue-not FIRE. The preferred shares are at a strike price of 1 dollar so no worries there anytime soon. I believe most or all on the thread would "settle" for a dollar a share MDIN.

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