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

To: Jane4IceCream who wrote (16077)	6/24/1999 10:55:00 PM
From: Handshake™	Respond to of 25548

Jane who were the brillant auditors for Bre-X, where they Canadian as well.....

To: Jane4IceCream who wrote (16077)	6/24/1999 10:58:00 PM
From: DoubleOddBuck	Read Replies (2) \| Respond to of 25548

Does any one really Care about Gold these days ? The big mining operations are scaling back operations trying to keep their heads above water, Gold is at $260 and Martin A. Armstrong recently was quoted " ..With Gold closing within 40 cents of its 19 year low, one can hardly make the case that gold will prove to be a buying opportunity. We still see gold falling to slightly BELOW $200 on the London spot market before there is even a hint of a bottom coming in place. When gold drops below $200 and Silver under $3, then the global trend may begin to change..but not before!" Gold at $200 will put the majority of operations in the red. Mines will suspend operations. I don't see any deep pockets going into gold right now. The only hope is if this find is huge and a major buys Medinah out to sit on the claim for X number of years until Gold turns around, if ever.