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


To: Claude Cormier who wrote (20067)11/4/1999 2:40:00 PM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
From Larry's Letter: "Option 2 to enter into a senior financing agreement in which financing is made available under a debt financing agreement with repayment from production and a condition of equity purchase from the market, provides share appreciation, retention of Company control, and the least amount of dilution."

This does not sound like a private placement to me! Yes-I agree it is unusual. Certainly Medinah would not have been able to arrange this if the property was not so lucurative..