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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (2855)4/8/1998 7:33:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 29382
 
Hello Sergio,I put in a very long day today and know for a fact-I'm out of shape<vbg> MDIN? I'm a duck out of water,when it comes to mining stocks (this one would be best referred to Dr. Zeev). there was a press release today,the part that caught my eye..
"Company attorneys in Chile and the United States have been authorized to commence legal action against Dayton Mining Corporation [AMEX:DAY - news] for actions taken by Dayton in January of 1998. Dayton personnel entered the Churumata property, which is legally under a lease agreement to Sierra la Plata S.A., wholly owned subsidiary of Medinah Energy Inc., and using a bulldozer, destroyed a mill facility under construction, a three bedroom house used as management quarters, crews quarters, a test laboratory and an office facility. Personnel inside the house at the time, were forcibly removed. Medinah's attorneys in Chile have been working on this case since January and have now all of the information necessary to proceed."
ROFLMAO-I've seen this done before for non-payment to a home builder<lol>
Apparently they are purchasing $10m worth-234 gold properties in the Andacollo gold mining district of Chile.
Sorry I can't be of much help on this one-out of my league ;^)..DD



To: Sergio H who wrote (2855)4/8/1998 8:32:00 PM
From: KMT  Respond to of 29382
 
Sergio:

PMFJI, but regarding MDIN, today's news release was a drop in the bucket to what you're going to see over the coming weeks.

Cheers,

KMT

P.S. Take a look at the following.

rgm.com

Pay special note to the Jan 14, 1998, and the Dec 17, 1997, news releases. As Paul Harvey says, we'll soon hear the rest of the story, IMO.