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


To: Win-Lose-Draw who wrote (17035)7/12/1999 9:59:00 AM
From: slave  Read Replies (1) | Respond to of 25548
 
I would be very happy to see some news this week about a JV....But if they try to play games and somehow partner with THEIR new shell company CDCH, i will immediately move on and never buy in to this story again.The JV is what will give us credibility depending on who it is with and the details of the deal.I believe the price will not go up significantly until there is actualy PROVEN reserves......Let us all hope for a good week, i think we deserve one.........Dave



To: Win-Lose-Draw who wrote (17035)7/12/1999 9:59:00 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 25548
 
You are not invested in the stock of Medinah Mining so why do you vehemently keep putting the spin on things???????????????????????

Yawn, another 20 or so posts today from the spinmaster.

Jane



To: Win-Lose-Draw who wrote (17035)7/12/1999 10:05:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
"Well that much is probably true, as there aren't many more to issue!"

NOT TRUE. MEDINAH COULD STILL ISSUE ABOUT 30 MILLION COMMON PLUS MORE PREFERRED SHARES IF THEY LIKE. IN ADDITION, THEY COULD REAUTHORIZE THE SHARES OUTSTANDING CAP-THROUGH A SHAREHOLDER VOTE. KEEP IN MIND THAT SHARE ISSUANCE DILUTES MANAGEMENT'S OWN EQUITY POSITION IN MEDINAH.

Look back over the last couple of years; every time there's a push to "bust the shorts" it turns out that the float went up significantly.

TRUE. CHEAP SHARES REQUIRES THAT LOTS OF SHARES BE ISSUED TO PAY THE BILLS-IF NO SHORT POSITION-HIGHER SHARE PRICE-LOWER NUMBER OF SHARES THAT NEED TO BE ISSUED-IT IS A VICIOUS CIRCLE. IN THE PAST, MEDINAH SHORT STRATEGY CONSISTED OF SIMPLE SHARE REGISTRATION-THE WAR PLAN THEY ARE FOLLOWING NOW HAS A NEAR 100% CHANCE OF SUCCESS.

Don't you think that maybe, just maybe, there is no massive short position?

THE SHORT POSITION IS MASSIVE AND REAL. MEDINAH HAS PROOF. (TIDBIT-THEY HAVE PROOF THAT DAYTON MINING IS BEHIND A LARGE FRACTION OF THE SHORTING THROUGH NESBIT BURNS)

That the phantom shares are, yet again, more issued stock you hadn't previously known about?

NAKED SHORTING CAUSED CREATION OF PHANTOM SHARES-MMs SOLD SHARES THAT THEY DIDN'T OWN. IN ESSENCE-THERE ARE ABOUT 130 MILLION OUTSTANDING COMMON SHARES. THAS HAS BEEN CONFIRMED THROUGH SHARE CENSUS AND MOSTLY CONFIRMED THROUGH THE YET TO BE FULLY COMPLETED ACCOUNTING PROCESS BEING CONDUCTED BY THE DTC/BROKERAGE HOUSES/TRANSFER AGENT.



To: Win-Lose-Draw who wrote (17035)7/12/1999 10:28:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
"Is that what Medinah says, or are you speculating?" (IE REGARDING FUTURE FUNDING)

BASED ON MY DD, THAT IS WHAT MEDINAH IS SAYING ALTHOUGH I HAVE NOT SEEN IT POSTED AS OFFICIAL ON THE MEDINAH WEBSITE.