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

To: Mike Gold who wrote (18362)	8/23/1999 8:23:00 PM
From: Handshake™	Read Replies (1) \| Respond to of 25548

Monday August 23, 6:35 pm Eastern Time Company Press Release SOURCE: Tan Range Exploration Corporation Tan Range and Newmont complete agreements for Tanzanian Gold Exploration VANCOUVER, Aug. 23 /CNW-PRN/ - Tan Range Exploration Corporation Alberta Stock Exchange Symbol: TNX Tan Range Exploration Corporation is pleased to announce that it has completed a Property Acquisition Agreement, a Share Purchase Option Agreement and an Exploration Services Agreement with Newmont Overseas Exploration Limited, a wholly owned subsidiary of Newmont Mining Corporation (NYSE: NEM - news). These agreements relate to Newmont having the right to earn up to 70% of Tan Range's interest in four Tanzanian gold properties; Mnekezi, Mulehe, Kabahelele, and Luhala. For each individual property, Newmont may earn an initial 60% interest by the expenditure of US$1.5 million for exploration within three years for a total of US$6.0 million. Upon the acquisition of its initial interest in any of the four properties, Newmont may earn an additional 10% interest in that property by the completion of a bankable feasibility study within three years. After the acquisition of its additional interest in any property, Newmont will have the option to acquire by way of private placement up to 10% of the then issued and outstanding shares of Tan Range at a price of market less 10%. Newmont also has agreed that Tan Range personnel will be used for the completion of exploration work during the earn in period according to the terms of the Exploration Services Agreement. In addition to the above, Newmont has made an initial payment of US$50,000 to Tan Range upon signing of the formal agreement and will make monthly option payments of US$8,333 during the second year of the agreement beginning on April 25, 2000, US$12,500 per month during the third year of the agreement and US$20,833 per month during the fourth year of the agreement. These agreements are subject to regulatory approvals and have received the approval of the Board of Directors of Tan Range. The focus of the Newmont/Tan Range joint venture is the current RAB drilling program being carried out on the Mnekezi property to locate the source of a large gold soil anomaly. The Mnekezi property is adjacent to the Tulawaka property (Pangea) which is known to host an extensive system of gold mineralization along a structural trend. A reverse circulation drill program at Tulawaka returned high grade gold intercepts including 39 meters grading 12.7 grams/tonne and 22 meters grading 14.6 grams/tonne. For related information, including a property map, other news releases pertaining to Newmont/Tan Range and more information on the Company, please visit our website at www.tanrange.com TAN RANGE EXPLORATION CORPORATION (``signed') ------------------ Marek J. Kreczmer, M.Sc., P.Eng. President and Chief Executive Officer

To: Mike Gold who wrote (18362)	8/24/1999 12:37:00 AM
From: CIMA	Respond to of 25548

Long-time European Gold Taxes End January 1, 2000 by Bob Bauman, Editor of The Offshore A-Letter Last year Douglas M. Cohen, an analyst for Morgan Stanley Dean Witter assured The New York Times: "Gold has thousands of years of history on its side. That history is full of episodes when people insisted gold was dead, and sure enough, gold has tended to rally back very strongly." On January 1, 2000 there will be another good reason to make domestic purchases of gold bullion and coins in most European nations. That's the date when 11 of the 15 European Union nations completely repeal the hated value added tax (VAT) that has strangled European gold sales for years. These onerous gold taxes now range from highs of 25% in Denmark and Sweden, to a low 1% in Belgium. Other current gold taxes include those in Finland (22%), Ireland (21%), Italy (19%), Greece (18%), the United Kingdom (17.5%), Portugal (17%), Spain (16%) and the Netherlands (6%). They'll all be gone on New Years Day. Expert Advice These facts and figures were confirmed for us by Don Mackay-Coghill of the Gold Corporation in Perth, Australia, through the courtesy of Michael and Rich Checkan of Asset Strategies International, Inc. of Rockville, Maryland. (See below). These experts say that all gold sales after January 1st in these European nations with a retail price not more than 80% above the value of the gold content will be tax exempt. Gold ownership has always served as a solid defense against both inflation and deflation. That's because of it's constant purchasing power. Compare gold today with the Biblical times of the Old Testament during the reign of King Nebuchadnezzar. Then and now an ounce of gold buys about 350 loaves of bread. The same quantity of gold will buy a loaf of bread today under Tony Blair's New Labourites as it would have under an earlier, less decorous reign, that of King Henry VIII in the sixteenth century. One gold mutual fund manager summed it up: "Gold is the only real money. Silver is only pocket change and everything else is really just a credit instrument taken on faith." That's sadly accurate when paper money, like the Indonesian rupiah and the South Korean won has a habit of declining almost hourly and the Euro is struggling to make its own mark (so to speak) . But when Asian or Latin American currencies evaporate, gold remains solid. Every paper currency buys far less than it did at the turn of this century, but gold buys almost twice as much. That historic record demonstrates true insurance against economic swings. Gold vs. Paper Think about it. Gold cannot be inflated by printing more. It cannot be devalued by government decree. And, unlike paper currency or investments in stocks and bonds, gold is an asset which doesn't depend on anybody's promise to repay. Although gold has been mined for more than 6,000 years, only about 120,000 metric tons have been produced. Lump that together and it's just enough for a cube measuring only 18 meters (about 55 feet) along each of its six sides. New gold mined each year totals less than 2000 metric tons, about the size of the living room in a small modern house. Gold remains one of the scarcest, and most sought-after metals on earth, even when some national treasuries seem bent on dumping their best asset on the open market. Time and again, gold has proven the successful hedge against devaluation of an investor's national currency. Its one of the few investments that survives, even thrives, during times of economic uncertainty. With gold at record low prices and the world facing what could be a prolonged period of highly uneven economic alarms and excursions, buying gold now may be the best bet. Younger people who have known prolonged prosperity may not yet fully understand the historic implications of gold and its role when bad times arrive. Once they do, it will be again the one investment that's still "good as gold." LINKS: For information about the purchase of gold and other precious metals, contact Michael or Rich Checkan or Glen Kirsch at Assets Strategies International, Inc. In US and Canada call (800) 831-0007. CPM Precious Metals Research & Consulting www.cpmgroup.com VOL. 1 NO. 2 - August 23, 1999

To: Mike Gold who wrote (18362)	8/24/1999 8:05:00 AM
From: Win-Lose-Draw	Read Replies (3) \| Respond to of 25548

I originally had misgivings about CDCH but not longer. There's a surprise. Hey Mikie, he likes it! Who had Medinah Mining told you they had "proof" Dayton was involved in the alleged "massive short position"? Your statement, in case you've forgotten.... 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) Did you just make that up? Are you now also inventing fantasies about "institutional investors" and "JV with a major"?