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


To: Handshake™ who wrote (1784)4/5/1998 3:18:00 AM
From: shades  Respond to of 25548
 
ft.com

It requires free registration, what do you think of the last paragraph and how would it affect us?



To: Handshake™ who wrote (1784)4/5/1998 8:34:00 AM
From: WHL  Read Replies (1) | Respond to of 25548
 
Actually closer to 5 million ounces. That's $300,000,000 ($7.5 per share of MDIN) at $60 per share in situ (and rapidly rising as gold is rapidly increasing in price). At $190 ($310 current POG -$120 cost of production) per ounce that's $950,000,000 (over $23 per share) added to MDIN's net worth as a producer over the next 30 years. This is from only ONE of several properties. This information is ALREADY in the news releases of MDIN. If they can ever say that they have actually acquired the placer property with this deposit (100,000,000 cu meters at 1.5 grams/cu meter), MDIN is worth over $10.00 per share IMMEDIATELY.