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


To: Mike Gold who wrote (801)1/12/1998 11:51:00 AM
From: rulm  Read Replies (1) | Respond to of 25548
 
Mike,

The literature that I had on the Company's milling operations was erroneous, due to a significant typo. The post should read :

" The placer mills can be piggy-backed to handle up to 10,000m^3/day but we.....output." The high grade mill can put through 1000 T/day. We are talking about two independent operations.
It is important to note here that we must get verification of grades and recoveries on the placers before we can determine density of ore. One of the most critical lessons I have learned in markets is that " THOU SHALT NEVER ASSUME" because you get made to be an ASS of U & ME. By the way, detail will be added to the news releases, as I will be participating in the construction of news releases and Corporate info. I apologize for the error.

We currently have a short position of approximately 1.2 million shares and we firmly believe that we are at the bottom WRT price.

Cheers,

Ralph