Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mike Gold who wrote (20107)	11/5/1999 11:37:00 AM
From: steve brooks	Read Replies (1) \| Respond to of 25548

Mike, I am a bit confused with this latest p.r. from MDHM and I am hoping you or anyone else can enlighten me. The company and rumor mill would have shareholders to believe that Lipangue is a world class find. Given the company's scarce resources (cash), why are they drilling Las Dos Marias first? Why not drill Lipangue and prove this property one way or the other as quickly as possible? I am a financial analyst and I advise small businesses daily on how to best use their limited resources to maximize returns. IMHO MDHM has mistakenly appropriated limited cash to drill a secondary property as opposed to drilling their top property. Why? There may be some very good reason for this and I will call the company myself later today for answers. In the meantime any information you can provide would be appreciated. Still holding some of my original position and looking for reasons to continue holding. Thanks Steve