Medinah Mining Inc. (MDHM) Message Board

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

MDMN 0.0001000

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Nov 28 9:30 AM EST

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To: Mike Gold who wrote (11864)	4/29/1999 11:40:00 AM
From: RMF	Read Replies (2) of 25548

I guess you're the expert Mike, but it would seem they'd have to have some reasonable values near surface to consider bulk mining, and most of the holes so far don't even report much if anything in the first fifty meters or so. As Syncrude said, they are carrying a pretty good cap. already considering the few holes they've drilled. It's difficult to figure what the cap actually is, since it seems tough to get a handle on how many shares are actually out. I think I read Vince say he thought there might actually be 100 million out there figuring in the convertibles. There best bet now would probably be securing a JV with a major.

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