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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: J.D. Elliott who wrote (13162)5/5/1999 11:38:00 AM
From: Mike Gold   of 25548
 
From what I have heard Cerro Dorado already has seven old adits drilled into the base of Lipangue moutain which were last mined in 1972. Only recently, have the entrances to the adits been partially reopened. (Interesting story why they were closed.) A glimpse inside shows that most of the gold was never removed(80 % left). These adits follow along extremely rich gold veins that apparantly originated from the Lipangue porphyry system. AC Howe will be mucking around there shortly to take a look see at the adits and see what else the property has to offer.(CDCH claims also include the old Lampa mine which is on the Lipangue plateau itself.Certainly, the share price for CDCH can be explained by the low share float when you compare it to MDIN. It will be interesting to see if CDCH decides to quickly put the adits back into production...it shouldn't take much considering the high ore grade values...
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