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

To: Don Rohner who wrote (1393)	3/9/1998 9:15:00 AM
From: WHL	Respond to of 25548

Have they signed yet? Not yet. Will they sign (when they've got other options) with the stock price at only $.50? I don't think so. As I understand it, management refused at $1.00/share last September. Just wait. At $2.00, they might be willing to do some financing and suffer a little dilution. With a responsible FMV property sale of Mercedes (alone), they would not even need to get financing at all. But guess what? I still think that they will do some financing at $2.00 or so in order to form a killer partnership for future project development.