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

To: KMT who wrote (842)	1/16/1998 3:06:00 PM
From: WHL	Read Replies (1) \| Respond to of 25548

Gold closed at $290.80 up $5.00. We are about $15.00 off the bottom. It appears that we have had a good rally this week. This is probably more supportive of MDIN's price than the release about what the company might do. Most investors want ACTUAL acquisitions, not possible ones. Too soon to call a reversal in gold's price or in MDIN's price, but at least we have some breathing room above the bottom. Since the shorts are getting squeezed at this point- I think we will see less downward pressure coming over the next few months.