Medinah Mining Inc. (MDHM) Message Board

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

MDMN 0.0001000

0.0%

Nov 21 9:30 AM EST

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To: Grateful Reaper who wrote (12055)	4/30/1999 7:55:00 AM
From: Syncrude	Read Replies (1) of 25548

G R, As I have stated before, I acknowledge that I would need to look deeper to find what could justify the current market cap. With respect to short covering, I am not sure what the short position is and I don't short myself. I would imagine that this stock COULD be attractive to short sellers, depending upon the true picture for the next drilling phase, ie. will the winter season interrupt it or not. Some are suggesting that the location of the property would make drilling possible. Short squeezes are often invoked but not always a factor, just as MMs (market makers) are often blamed when stocks go down. A name change makes no difference (unless it had a dot com in it LOL). If I were to base my judgement on the drilling results to date, I would say that they are encouraging but, to put them in context, are only a few early drill holes that can't be extrapolated into a resource just yet. In summary, I think that they key is the timing of the next drilling phase and the resources available to carry it out.

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