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


To: chip who wrote (22607)7/24/2000 10:36:04 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
Chb, the situation regarding obtaining financing is extremely active/volatile at the moment. I expect something to happen very soon.(This week?) Many different possibilities/scenarios.

One is Medinah obtains financing for just the upcoming drill program..ie a million or two dollars and holds off on large scale financing for now.

Another is Medinah obtains large scale financing now which will be used to develop the property over the next several years. (Over $40 million)

Combination of the above is possible as well as going with more than one large scale financial package.

Lot's going on-sit back, watch and enjoy-things are heating up!



To: chip who wrote (22607)7/25/2000 8:24:46 PM
From: john  Read Replies (1) | Respond to of 25548
 
I bet there are many out there interested in the property, but why not just wait 'til the company dilutes itself out of existence

Correcto mundo, I said that almost a year ago, just a matter of time.