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: Mike Gold who wrote (9663)	3/4/1999 11:12:00 PM
From: on parole	Read Replies (1) of 25548

Much has been discussed regarding the inability of majors to pay excessive prices for Medinah. I have been told that Medinah has enough asset rich properties to make four companies. Assuming this is correct and Lapange is extremely impressive how do you all think the buyout would be structured? Would they buy Lapange for perhaps $5 per share, as an example, payable in the form of a special dividend and Medinah keeps on trucking with the existing properties and shareholders keep their shares? Seems to me if Lapangue is very impressive it would be too costly for them to buy Catan, Placer etc.and all properties.

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