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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (71501)	5/23/2001 7:33:03 AM
From: Mike Gold	Read Replies (1) \| Respond to of 122087

Off Topic: Hi Jane! Concerning Medinah... For starters, you may want to read this..a link to a letter from the President issued yesterday: medinahmining.com Refer to this link: mdmn-long.freeservers.com and read some of the reports issued by the Registration/Census Committee. To summarize....Medinah has been "blue sheeted" by the SEC for some time now; every trade is being watched. Enough shareholders with clout have stirred the pot and have gotten quite the gaggle of federal authorities involved now. The "chill" at the DTC will be lifted soon and forced buy-ins by some short brokerage firms when then commence. A Joint Venture has been completed with a venture capital company based in London. (VC firm is the private equity arm of a NASDAQ listed company....known to shareholders only as "Big Brother".) Money($5 million) is due to arrive on May 31. Soon thereafter, the name of the JV partner will be announced. Many speculate that the new partner which will own 25% of the property-will begin buying a very large equity stake in the company once the money has landed. The new drill program is slated to begin the beginning of June. Gordon House is leaving when the money arrives. (Note: Medinah has been left at the alter 3 times before..so I have my finger's crossed that the money will actually land this time.) Of Pinksheets and the OTC: As you know, Medinah was delisted due to lack of finanicals. Audited financials are being prepared through the firm of Hansen, Barnett & Maxwell, Salt Lake City. (See Letter from auditor: medinahmining.com ) Management claims that they are about wrapped up. A shareholder visted the auditor some weeks ago and was told the same thing. Latest rumor is that they are done but being held for reasons that we can only speculate on...perhaps to coorespond with the lifting of the chill and landing of the JV money to get the maximum effect of a short squeeze-if any. Geology of the property continues to look spectacular: medinahmining.com The latest petrographic anaylsis shows that the gold/copper porphyry is located very close to the last drill holes and should be located in the upcoming drill program. Gordon Houses believes buy-out offers from Majors will commence when ore grade materials are found in the porphyry. Hope beach life and investing are treating you well. Cheers!