SI
SI
discoversearch

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: Mike Gold who wrote (20990)12/4/1999 11:52:00 AM
From: john  Read Replies (2) | Respond to of 25548
 
Short position......................................

wasn't the forensic audit complete first week of SEpt????????????

That was the word from Mr Price?

Now Mike, granted the comment above about the forensic audit being complete was a rumor I heard, as I am sure you heard the same rumor. Thus I am not saying Les Price spread that rumor, I am not sure of the source. It was one of those he said, she said things.

Mr Price also told me in person that he did not believe the "huge" short position, Mike I was sitting across the desk from him. His question to me "Who would short a 35 cent stock?

When I discussed the short position with Les, he came up with a position of between 6 to 8 million shares short, now that I could buy thus I guess it depends on how one defines "huge". (wasn't it rumored to be 25 to 30 million at one point in time?)

I also believe a lot of that position is likely covered by now.

If there is a "huge" short position anyone caught is going to get the shock of their lives one day...........................

but then they have been getting that shock for quite some time now, like next week for how many months?????????????

The short position is nothing more then an unproven theory at this point in time...........

I do not accept the theory as fact, neither did MR. Price when I met with him.............

time will tell........

The number of ounzes of gold on the property and the short position are two unproven theories,

only one is worth proving............



To: Mike Gold who wrote (20990)12/4/1999 1:54:00 PM
From: Sawdusty  Read Replies (1) | Respond to of 25548
 
"It would have to involve the transfer agent, Medinah's attorney, and others... "

Hell Mike, why didn't you say so in the first place. If a lawyer is involved, it has to be true. LOL!