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


To: chip who wrote (16422)7/1/1999 8:32:00 PM
From: bully  Read Replies (2) | Respond to of 25548
 
Speculative question.................................................

Is right considering the fact that MDHM has absolutely "000000" ounces of Proven up "viable" gold reserves in the ground!

"BULLY"!



To: chip who wrote (16422)7/1/1999 10:24:00 PM
From: Alan Whirlwind  Respond to of 25548
 
I'm assuming they have ore recoverable at $150 an oz. If it's ore proven at $250 then we absolutely need gold over $300. At $150 an oz recoverable, I'd say the size of the deposit proven to be as crucial as gold staying above $250 an oz. If gold rallies above $300, you will be making half again per oz after deducting costs. That's how much it matters. --Alan