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: Handshake™ who wrote (8742)	1/30/1999 4:59:00 PM
From: Mike Gold	Read Replies (1) of 25548

Vince, ARP has around 5 million ozs of reserves-(not all of which is economical) with the potential of 20 million ozs. Certainly, MDIN properties should go for a much higher price! Would you as a MDIN shareholder accept a buyout offer of $180 million? If you take the common shares plus the preferred-that only translate to $2 a share. IMO, MDIN will not be taken over with cash-it will be through conversion of shares to the Major mining companies stock-the Major will have to dilute its own stock to get MDIN!

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