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: Gary Jacobs who wrote (20631)	11/18/1999 8:01:00 AM
From: Mike Gold	Read Replies (4) \| Respond to of 25548

Here's a bit of an update on Medinah: 1)Last I heard(as of several days ago) drilling was still suppose to commence on Saturday. Still rumors that 1 of 2 easment problems had not been solved-unable to confirm or deny. Medinah has very high hopes for the drilling at LDM. The previous 2 drill holes missed the heavily gold laden hanging wall in the shear zone.(Despite the fact they missed-the last assays were still exceptionally high.) The holes will be properly placed this time. The gold values may surprise everyone. 2)Financials seem to have been held up. Don't know if because of pesos and Spanish accounting standards or because of the Nasdaq merger or some other reason. I no longer expect the financials to come out this month. 3)Confirmed that Les Price was meeting with the Fund this week in Vancouver. Probably something like the 37th meeting! I think they maybe close to an agreement-of course I thought they were close 25 meetings ago. 4)Rumors of new groups buying into Medinah. Once such group began buying last Friday. Another very, very large group is completing DD prior to potentially biting..all and all expect heavy trading volume to continue. 5)Rumors that some of the info from the forensic audit may become available to us soon. 6)Hoppley/Anderson have been busy...... 7)Larry Regis is out of town on vacation.... 8)Cerro Dorado/Fremont are drilling their Northern Chile property with high hopes. Lots of Majors interested.