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


To: gianelda who wrote (20297)11/11/1999 9:47:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 25548
 
Why such capable and world renown group of consultants would waste their reputation on a scam penny mining play?

Well, duh! For the same reason lawyers defend child-molesters: for the money. You think Howe doesn't get paid for the work they do?



To: gianelda who wrote (20297)11/11/1999 10:14:00 PM
From: Win-Lose-Draw  Respond to of 25548
 
It seems to me that you are very ignorant of the task and work of ACA HOWE INTERNATIONAL!

It seems to me you're very ignorant of the "quality" of company ACA Howe is willing to work for. Just for fun, let's try something...quick Alta Vista search on ACA Howe.

Third hit is something called "El Misti Gold Limited". Go to the home page, sure enough, there at the bottom we find the following:

"ACA Howe (Howe Chile LTDA), Independent Verification Geological Consultants. ACA Howe has been engaged to independently verify sample collection and assay procedures (Quality Assurance Program) for the Company's drilling program and reports directly to the Board of Directors."

Ok, let's see if ole Misty has an SI board...yep. What's going on there?

Hmmm...press releases with very familiar content...

"The report concludes that the combined potential size of the targets in the Sinchao property is considerable and that further work is warranted. A two-stage 11,000-metre
diamond drilling campaign that includes metallurgical test work and detailed geological mapping to cover the entire 1,300-hectare Valle de Sinchao area has been recommended."


and

"El Misti has drilled 8,450 metres, in 31 reverse-circulation and 10 diamond drill holes, at Sinchao over the last two years. This drilling has identified four distinct styles of mineralization: a large copper-gold-zinc-silver skarn system, a copper-gold-silver mineralized fault and breccia zone, a high sulphidation copper-gold epithermal
mineralized zone, and copper-gold-silver replacement manto-type massive sulphides."


This all sounds vaguely familiar, doesn't it? The only thing missing is Mike Gold telling us how his back of the envelope calculations suggest there might be as much gold here as there is in Fort Knox.

And what does a quick perusal of the thread contents show? Hmmm...people buying in at $3-$4/share...lots of dilution...glowing preliminary geological reports...dilution...more dilution...did I mention dilution?...a 20:1 reverse-split...a halt and a delisting.

Interestingly enough, when that property finally got to the point of having real, "inferred" reserves, they amounted to somewhere around 200k ounces. Real Fort Knox, eh?!?!

So no, having the ACA Howe name attached to a penny stock does nothing to improve that stocks credibility.



To: gianelda who wrote (20297)11/11/1999 10:21:00 PM
From: Win-Lose-Draw  Respond to of 25548
 
It seems to me that you are very ignorant of the task and work of ACA HOWE INTERNATIONAL!

Hit #2 was Sepik Gold...I leave it to you to dig up the nasty details of that one. Tell me again how ACA Howe brings the mark of respectability to a penny stock?



To: gianelda who wrote (20297)11/11/1999 10:27:00 PM
From: Win-Lose-Draw  Respond to of 25548
 
It seems to me that you are very ignorant of the task and work of ACA HOWE INTERNATIONAL!

#7 on the hit parade is Hymex Diamond Corp, which has gone from $5 to $0.12. Let's see, at a nickel a share an original investor would have lost 99% of their investment, so at a time we're talking about losing 98%.

Not bad...



To: gianelda who wrote (20297)11/11/1999 10:31:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 25548
 
It seems to me that you are very ignorant of the task and work of ACA HOWE INTERNATIONAL!

Rounding out the top ten is Ambrex Mining, which no longer exists as such. Now, what exactly is it that ACA Howe brings to the table?