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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 (10022)	3/10/1999 6:49:00 PM
From: Mike Gold	Read Replies (1) of 25548

Vince, how about instead of crunching numbers-I do some comparisions? Here is one people might be able to relate to. Dayton Mining-the company that all Medinah shareholders love to hate! Dayton is mining a series of veins and mantos deposits adjacent to a large Copper/Gold porphyry system which is being mined by Tungsten-CMP joint venture. Here's a few numbers on that econmically viable porphyry system. "Drilling carried out on the Andacollo prphyry copper deposit by ENAMI(Empresa Nacional de Mineria, CHILE) and Noranda in the late 1970s indicated 249 Million tons grade 0.62 percent Cu, 0.25 g/t Au, and ~0.01 percent Mo. Andacollo is not to be regarded as a typical Chilean porphyry copper deposit, as it is older, does not lie within the main Cenozoic porphyry copper belt, and has relatively high Au grades." Compare these numbers to Hole 3 results and I think you will start to get the picture. PORPHYRY DEPOSITS ARE LOW GRADE HIGH BULK DEPOSITS-WITHOUT EXCEPTION! Sometimes you get high grade minerlization in portions of porphyry system but never averaged over the entire zone of minerlization. The greatest gold deposit in the world averages about 3 1/2 grams ton at a porphyry system! Of course it has a billon or two tons of the low grade stuff! Lipangue very well will fit into this category. The results today completely debunked all the boohoo this is a copper porphyry only crowd. We have a winner. Don't be mislead by shorting and few idiots who put in market sells. Medinah now is legitmate target for a buyout offer. From this day forward-it could happen at any time. Cheers!

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