SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Coral4pH_dot_com who wrote (15885)6/22/1999 3:31:00 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 25548
 
$200,000,000.00 worth of GOLD and SILVER were just found in Chili by MDHM!

Now, now, even Mike Gold isn't saying that. He said if the next drilling goes as expected they may be able to inferr XXX amount of gold. I don't believe the House Report said there were any proven
reserves.

Have you received your Medinah Gold certs yet, or are you a post-dividend buyer?



To: Coral4pH_dot_com who wrote (15885)6/22/1999 3:42:00 PM
From: Coz  Read Replies (2) | Respond to of 25548
 
CM, the last news release said that $200 million were inferred, not found. This is what is says in the release:

Should the vein be consistent in width and grade over the 600 meters strike length, $200 million in gold reserves would be inferred.

I appreciate your enthusiasm, but we must wait for more drilling to prove this up. I have heard that Gordon House will be leaving for Chile around the end of the month for the Phase 2 drilling. This will give us a more complete view of what Medinah has. Who knows? The drilling may prove this estimate conservative. Let's see what the numbers tell us when the new drilling starts.

--Coz