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

To: Hugh M. who wrote (1099)	2/17/1998 5:10:00 AM
From: Wayne Allen	Respond to of 25548

Interesting read. I was unaware that insiders could sell restricted stock prior to expiration. The article qoted an SEC rule that allows them to do it. Any idea what that rule might be? Seemed as though the article said 1% of the volume per quarter?

To: Hugh M. who wrote (1099)	2/17/1998 9:08:00 AM
From: J. Nelson	Read Replies (1) \| Respond to of 25548

Thanks that was a great post! IMO it looks like a insider who holds issue of the stock can sell a % of what they hold. If that be free trade or 144 issue so be it. in the case of Mdin how much could be sold of the 144 issue with the past qtr. volume or 4 weeks of trade as stated in the report we are reading? If you talk the volume for the past qtr are we talking Nov, Dec, Jan? or is it the qtr. by the books of the company? I got a little lost there. Anyway it looks like about 129,946 shares by my math so what did you get when you did yours? I feel that anyone who works to make a company go and become profitable should have the right to sell some of the holdings for payment for there efforts. What do you think? That is JMO. Also would this not also prove to be the same for a early investor in a PP, to help the company in the early start up time by there investment? If so should they not also be able to take a profit if one is there for them after the long wait? Can you help me understand I'm a little naivete on the issue. Regards, Jim./