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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: BB BOB who wrote (14974)6/4/1999 9:14:00 PM
From: Coz  Read Replies (1) of 25548
 
When you set a value you have to take into account that we got 1 dividend for each 10 shares of MDHM. So, whatever the value of these properties was when we had them as part of MDIN, now will have to be multiplied by 10. As I recall, we were talking about, what was it, I think 200 properties? Mike could tell us. These include the Andecollo and the Dayton lawsuits, the Catan Vein, the placers, all kinds of stuff. If you felt that the value of these properties was $3.60/share when MDIN had them, then they would be worth $36/share now. If there is a huge short position that leads to a cash settlement, I want at least enough money to buy my Medinah Gold shares when they begin to trade. And beyond that, we should get a little money for the BS we are going to have to go through to get this dividend that we were legally entitled to. --Coz
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