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


To: Cheesehead who wrote (1944)4/9/1998 7:26:00 PM
From: KMT  Read Replies (2) | Respond to of 25548
 
Cheese:

Your answer is in today's news release. You'll find MDIN has plenty of money as production starts on the placer properties. The 10MM is due over 4 years at 2.5MM per year, part paper, part cash.

Cheers,

KMT



To: Cheesehead who wrote (1944)4/10/1998 4:37:00 AM
From: brent gephart  Respond to of 25548
 
When I Talked with the company this afternoon they said that the 10 million will be coming from production. The 24 million for the second set of purchases will be paid 75% from production in the first year and the other 25% over the next 4 years.

Brent