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


To: Moonglow who wrote (950)2/1/1998 12:24:00 PM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
I played with that calculation alot. So thats why I bought MDIN. Believe in the outstanding shares that will be the % difference in the move. Its a lot harder to move 80000000 as versus 39000000. Too much supply should a short seller have to cover. Imagine your choice of fantasies for a moment that your 1)in the arms of some super model 2) or Ralph's hype statement "multi-dollar range" short term. Lets go with door #2, if MDIN hits $11. thats a market cap of 429 mil, and NP's stake would be worth 154 mil. at current prices investing 10000, you would have 322300 with np, and 523000 with MDIN. The only way NP would give you a greater $ return would be if something else was/is
legit with its silver, oil, or other mining ops. The only way an investor is gonna commit big bucks if it's in a financial report issue by some accounting firm. Then you could see a larger move to NP. The only way NP is gonna hit $5 is if IF if IF MDIN hits $11, and the shorts get squeezed in a vice. Hell, at $5 its market cap would be 400 mil. The play boys and girls IMO is MDIN.
Sincerely I remain,
(in at .11, boy its been a long time since I've made $$$ in the market Handshake)