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


To: Michael L. Bland who wrote (1930)4/9/1998 12:07:00 PM
From: KMT  Read Replies (1) | Respond to of 25548
 
Michael:

I know there is illegal shorting going on. Between a small group of us here and 3 other small groups I know of, we can account for over 10MM shares. There's only 8MM shares in the free trading float.

None of us sold today. In fact, based on this last news release, I doubt very much there was much selling today yet they are holding us back. Someone's selling the shares and they'll have to cover soon enough. (I've heard estimates of a short position of 7MM+ shares.)

Let 'em short it. We've got the goods and can only be held back so long. There's soon going to be some very big players buying in based on what we have. A name change is possible also, as one's already been approved at the last shareholders meeting.

Secondly, MDIN will be buying shares back with revenues so at the point they're ready too, they'll bust the short.

Cheers,

KMT



To: Michael L. Bland who wrote (1930)4/9/1998 12:22:00 PM
From: EtTuBrute  Read Replies (2) | Respond to of 25548
 
Today's action is a perfect example. MDIN comes out with news that their worth lots of $$$$$$$$, Stock price reaction is nil. Why do you think that is?? Vol has been great, where is the selling coming from? Who would sell at .50 given a proven book value of many many multiples? IMHO its all shorts, and until we can get them out of this stock, we will be banging our collective heads against the wall. As time goes by and fundamentals are proven up, shorts will hopefully cover.

J., if i knew the reserves of DAY Id tell ya. Maybe someone else here does

Handshake: I see 20pds of crawfish comin my way.

See ya at the top!! GG

BTW: b.5 x a.52 vol 734,200