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


To: Mike Gold who wrote (848)1/22/1998 3:21:00 AM
From: WHL  Read Replies (3) | Respond to of 25548
 
Nothing. Nothing. Nothing. This stock is valued at virtually nothing. Yet the price of gold is moving up. Isn't that why we bought gold stocks? As insurance against the crash we saw coming? This stock was being hyped by Dave D. at over 10 times this high. He faxed me stock transaction confirmations showing that he bought it at 15 times this high. Yet here we are at 11 pennies cents a share. You wouldn't even bend over and pick up 11 cents if you saw it on the floor. The stock of the company is worth next to Nothing. The whole company is valued at $3.7 million. Get real. That's less than Les's annual budget for tips to skycaps at airports. What is with this stock? They've probably raised more than that much in cash just by selling stock that was supposedly NOT being sold - to European investors who were supposedly NOT buying it.