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


To: KMT who wrote (1863)4/8/1998 10:05:00 AM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
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Nasa we have lift off, confirm retros have fired and we have cleared the tower. Geez just wait til the Santiago numbers hit. The old man in the moon won't know what flew past him. The crawfish water is warming up nicely...

:-)



To: KMT who wrote (1863)4/8/1998 10:07:00 AM
From: WHL  Read Replies (1) | Respond to of 25548
 
Oh, someone's in the kitchen with Medinah,
Someone's in the kitchen. We kno- oo- oo- ow.
Someone's in the kitchen with Medinah,
a' soon they will be payin' through the nose.

I think someone left the dang oven on in that kitchen of Medinah.
The heat is way way turned up. It about burned my nose hairs up.
Dang, that's the plumb hottest kitchen I ever did see.
Shoots. Most day'd be lucky to get out of there alive,
let alone with any cash left in the pockets.



To: KMT who wrote (1863)4/8/1998 10:36:00 AM
From: KMT  Read Replies (2) | Respond to of 25548
 
All:

Just wanted to post some thoughts about the release.

Medinah Energy Inc. Completes 10 Million Dollar U.S. Acquisition of 234 Mineral Claims in Chile Containing 6 Million Tons of Drilled Ore Indicating Average Grade of 2 Grams Per Ton

That's the first headline. That makes MDIN worth about $.45 a share using a value of $50 / oz for "in situ" gold. Notice the following in the news release...

Two of the properties contain in excess of 6 million tons of drill indicated ore grading overall 1.5 to 2 grams of gold per ton. Development of additional reserves remains open at depth and in all directions.

That's only 2 of 234 properties. (Not to mention anything about the placer and hard rock properties near Santiago.) BTW, did you notice, that we now own the properties. No longer are we just leasing the mineral rights.

I'll have more later on the second issue, the lawsuit against Dayton.

Cheers,

KMT