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


To: Win-Lose-Draw who wrote (17594)7/26/1999 9:38:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
"Thanks, Mike. Despite the maps and PRs, Medinah Mining doesn't own it, never owned it, and CDCH paid out about 5.5M shares for the property. Do you know who they bought it from? I missed the release where CDCH announces the acquisition."

Medinah never "owned" the Lampa Mine although its claims are next to Lampa and undoubtedly there is spill over of the extensive vein systems onto Medinah property. Historically, Previous mining efforts has covered the entire plateau so one could argue that Medinah now owns part of the Lampa mine claims area as the whole plateau is thought of as the Lampa mine by those that live in the valley-ie the Lampa mine is atop Lipangue mountain. But the vein system mined back in the 1940's and 50's which is the official Lampa is off claim. Cerro Dorado has purchased the Lobo/Lampa claims from Quijano. The 5.5 m shares is a number I obtained from other sources. Cheers.