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


To: Val Ryjouk who wrote (1706)3/27/1998 11:45:00 AM
From: DR. MEADE  Read Replies (1) | Respond to of 25548
 
I don't know the answer, probably doubt, hesitation,and some fear. As long as I see only small volume on down days with MDIN and NPEC, I am not concerned at all. To the contrary, I have been adding to both positions. The news was as good as you can get. I advise ,just a little patience. I expect surge up on both stocks any time soon. DR. MEADE



To: Val Ryjouk who wrote (1706)3/27/1998 11:52:00 AM
From: WHL  Respond to of 25548
 
Oh, yeah. Another thing that will help MDIN's stock price this coming week will be the announcement that MDIN is processing 1,000 cubic meters (approx 1,000 tons) of ore containing approx. 1.5 grams of gold per cu. meter per day on the 2 Santiago properties. Hence, each day 1,500 grams of gold are being produced- 50 ounces- having a market value of approx. $15,000.00 at a cost of approx. $100 per ounce or $5,000.00 per day- for a net to MDIN of $10,000.00 from the existing equipment. I predict that MDIN will also indicate that it will deploy additional equipment to the site immediately to increase production to 200-500 ounces per day ($40,000 - $100,000 per day net profit to MDIN). With net earnings of $14,000,000 to $35,000,000 per year, I think that MDIN will command a price greater than $.35 per share.

If you want to, you can hold your breath 'til it happens, 'cause it's gonna happen soon.