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


To: Mike Gold who wrote (20746)11/19/1999 8:40:00 PM
From: john  Read Replies (1) | Respond to of 25548
 
I still have some hope that financials will get in on time or the
Nasdaq merger will go through before the "*ink" sheets but we shall see.

Neither likely to happen but you still have thirty days to blow this pop stand after Dec 17,

I am with Jim poof, gonzo,

there may be way too much selling pressure next week as we approach that fatal November 30 pulled outta the air deadline at the AGM..........

I wonder if there will be another buy reco put out by any newsletter writer,,,,,,,,,,,????????????????

Things left to happen,

1 Financing announcement,

2 Financial Statements

3 Nasdaq Merger, <well read the news release, that's no merger>

4 Drilling

5 Shorts forced to cover

this thread now around for entertainment value, and I am sure that will happen...........

handshake, how was the GOLF game today??????????????

Good Luck



To: Mike Gold who wrote (20746)11/19/1999 9:41:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 25548
 
Mike I wish ya luck. Don't like to see anyone get hurt.

Hey, I still have MYNG, they're freebies and not worth much, but I keep them as much as a reminder about July 8, when so many of us just plain blew it. Arrgghhh close to 80 grand Cdn, out the window, cause I wanted more. Now, I sell dang near everything too early, I don't care about taking the tops off any longer.

I'm sure you won't do that here.



To: Mike Gold who wrote (20746)11/22/1999 10:20:00 AM
From: Mike Gold  Respond to of 25548
 
Gold Mine Financing Link:

placerdome.com

This part is interesting:

"Mining projects have always seemed excellent candidates for project financing and the evolution of markets for project financing is having a significant impact. Credit Suisse First Boston (CSFB) provides a useful summary of mine project financing activity, which includes capital markets and loans, over the last few years. According to their statistics about $14.2 billion has been raised over the last six years including $7.8 billion in 1997 alone. There were about 40 separate facilities, and 62% was directed to copper, and 29% to gold; and 47% was spent on projects in Chile.

The arrival of non-bank lenders into the project financing market had not been seen in the mining project finance area until 1993, but these non-traditional lenders, who are primarily US and European insurance companies which are interested in purchasing capital market project debt instruments, are now competing aggressively. In 1992 non-bank project financings aggregated at about $1 billion according to CSFB. By 1997 the market had grown to about $9 billion. Such financing has become a major source of funding for export oriented industries such as oil and gas, iron, steel, and aluminium over the past 3 ? 4 years. It is quite logical to extend this source of funding to gold and copper. "