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


To: john who wrote (20520)11/16/1999 4:49:00 PM
From: Handshake™  Read Replies (2) | Respond to of 25548
 
John think about it....in order to establish an asset value of Medinah, Medinah needs assets that are valued according to the GAAP and Mining standards. With the current drill program underway, when do you think it will be complete, assays done and a independent report stating what those values are...Just my guess but I would say LATE February/early MARCH at the earliest. Then both companies probably have march 31st quarter endings so the bean counters would not be thru until early May, at the earliest. So a few faxes here, a few phone calls here, a plane ride there and lo and behold an agreement is settled upon around end of MAY. The shell needs to also rid itself of the exisiting businesses so lets use May 11th as our birthday...thats beating the deadline by a meazly week. I don't think the 200 day was an arbitrary number pulled out of a hat.....If you can provide me with evidence that the NASDAQ company has ties to Les Price in previous deals then by all means I'll drive you to the SEC. Until then sell the stuff and watch the events unfold, you're starting to come across like you are a paid basher...IMO of course!