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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Coz who wrote (15655)6/18/1999 1:37:00 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 25548
 
The proof is in the pudding and the stock is going UP^ at .37 now.

Who gives a rip about the bashers!!!

WLD: Get my PM last night?

Try harder next time.

LOL

Jane



To: Coz who wrote (15655)6/18/1999 2:19:00 PM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
Some comments on the latest News Release:

1)"Recommended 13 Drill Holes Over a Strike Length of 600 meters"..
Actually, from the House Report-he has 11 drill platform sites outlined along the strike of the shear zone-with 3 holes being drilled from each platform at different angles in order to encounter the dipping shear zone at different elevations to test for grade and continuity. So I count 33 separate holes. Perhaps plans have changed?

2)"Should the Vein be Consistent in Width and Grade Over the 600 Meters Strike Length, $200 Million in Gold Reserves Would be Inferred."
Agree-however, we only have a length and width of the formation-we don't know how "deep" it goes into the hillside-we won't know this until we drill-I had to use an assumed value in my calculations..

3)"Series of These Shear Vein Structures"...neat-This is what I alluded to in my earlier comments today.

4)"at least a kilometer in length and returned assays of 77.5 grams of gold per tonne" Neato torpedo! Unfortunately, didn't say if this was the average grade or not and how wide and how deep the vein might be so really can't do much number crunching. It does sound like this is even better than the Catan vein that Medinah has been removing ore from. The rumor is there actually several of these high grade veins between Lipangue and LDM-just what would be expected near any large porphyry gold/copper deposit.

Cheers.