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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Nov 21 9:30 AM EST

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To: findstock who wrote (11195)4/15/1999 9:43:00 AM
From: Ken Sammut  Read Replies (3) of 25548
 
Not unusual for MDIN to announce to its email and fax list the night before and release info just before or after the market open. It will come out.

Speaking of Clue, here is my theory of the chain of events.

August, 1997 Relationship between Lipangue and Las Dos Marias announced.

Early Feb, 1999 First hole drilled at Lipangue

By March 1st G. House's assumptions about the value of the mine are starting to be confirmed.

Same time period. Majors who realize it is cheaper to by up juniors in many cases are watching over MDIN's shoulders.

Mid to late March. MDIN explores either Joint Venture or sale of Lipangue to a major.

Late March. Major wants some test holes done on Las Dos Marias to confirm relationship.

Same time period. MDIN management explores the possibility of packaging both properties but keeping the remaining 20 plus properties MDIN has claim to separate of any sale or joint venture. A publicly traded shell is looked into so these properties can be transferred into.

Early April. Drilling continues on Lipangue and test holes are done on Las Dos Marias. Talks continue with Major(s).

March/April Short Squeeze strategy begins to firm up as company continues to explore separating the two properties from the others. New company name and cusip.

Late April. Company is trading under a different name and is either still in talks with the majors or a deal has been reached. The spin-off company also trading.

Strong buying comes in just before and after the name change squeezing the shorts even more. Good news on assays continues to be released.

Warning. I always lost at Clue. When I thought it was Aunt Sue in the Kitchen with a Cleaver, it was Uncle Ben in the Library with an Ice Pick.

As these threads are an open forum for news and speculation, I thought I would combine all the rumors we are hearing and share them above.

Ken
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