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


To: Claude Cormier who wrote (20878)11/30/1999 2:26:00 PM
From: Mike Gold  Respond to of 25548
 
From Larry's letter: "Option 2 to enter into a senior financing agreement in which financing is made available under a debt financing agreement with repayment from production and a condition of equity purchase from the market, provides share appreciation, retention of Company control, and the least amount of dilution."

This is the only reason I have remained in Medinah despite the falling share price. The timeframe it has taken to conclude Option 2 has been way, way longer than what I expected. My mistake. Mistakes can be costly! :)