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

To: Handshake™ who wrote (2180)	4/27/1998 10:06:00 AM
From: Joe Bilich	Read Replies (1) \| Respond to of 25548

This puts a very different spin on Medinah's story about the Dayton bulldozing activity and the lawsuit. Basically implies that Medinah is overly litigious and not honest with its shareholders. Is there any way to get third-party corroboration (not from a Medinah source) of what happened, and who actually had what rights at the time?

To: Handshake™ who wrote (2180)	4/27/1998 10:16:00 AM
From: Michael L. Bland	Read Replies (2) \| Respond to of 25548

Handshake, The article will bring attention to MDIN alright. But, it won't be the kind of attention we need. This article seems to be very negative to me. It paints a picture of MDIN being a company which is less than above board. Best regards, Mike

To: Handshake™ who wrote (2180)	4/27/1998 5:47:00 PM
From: WHL	Read Replies (3) \| Respond to of 25548

SHAREHOLDERS- HELP WANTED & NEEDED! ALL PLEASE READ! Negative press on this company was as predictable as the seasons. It has simply been longer coming than one would have expected. We need to do what we can to correct the situation. IMO this stock was shorted from August 1997 to December 1997 from a stock price of $2.00 down to a price of $.10. I couldn't believe it at the time. It was all out of whack with the fundamentals of the company. That is when I found out first-hand about the extreme impact that shorters can have on a company. They intended to drive this company out of business and they still intend to do so. Efforts to sell a company's stock to drive the price down (motto: "You can never sell too much stock") - in order to force dilutive financings and issuances which shake confidence in the company and lead to further reductions in the stock price- are the mainstay of the fully financed shorter. But these efforts alone are sometimes not successful. Assuming that the information about the new issuances which we have received from our company is true, then since our run-up in February, the shorters have been following their motto and trying to sell MDIN stock to drive down the stock price. This has led to many anomalous trading patterns (like KMT's list of the orders filled this morning). But it has not lead to a lower share price. The window to cover seems to be closing rapidly- the shorters have perhaps a few weeks to a few months before MDIN will start reporting production and earnings from the Santiago properties and the Andacollo properties. Earnings from mining operations may well come in at $.50 to $1.00 per share (per year) during the first year of production. This would be the return from 100,000 to 200,000 ounces of gold produced at $100. per ounce and sold at $300. With reports like that, this stock will fly to the moon- regardless of the efforts of any short sellers. Since efforts to depress the stock price since the beginning of March have been largely unsuccessful and since the window to cover seems to be closing rapidly, the shorters are forced to resort to more actionable methods of attempting to decrease the stock price. If I may digress for a moment, I will describe another similar situation. There was an analogous situation in Quigley (QGLY-OTC) in late 1996 to early 1997. That stock claimed to have a lozenge which reduced the effects of the common cold. Many shorters panned the stock which was supposedly a "cure for the common cold". But they were unable to depress the stock price by merely selling shares. Those they sold and more were being swept up by people who heard about the product, tried it, liked it, bought it and then bought the stock. Finally the shorts were killed as the stock went from $.10 to $18.00 in a few months. Many shorts were caught without the ability to cover. In January of 1997 "information sheets" were given to many news agencies with all of the damaging information (whether true or false) that anyone had ever heard about the company, its management or its business associates. Some of this information was published in reputable publications. The company's stock price went down from $18.00 to under $10.00. Even so, many of the shorts apparently went bankrupt. Efforts to further the decline in the stock price failed as more and more people heard about the company and the company did its best to rebut false information disseminated about the company. The stock price peaked last year at about $24.00. Those who have approached MDIN with a long term view have been expecting false press for months now. [Of course the Mining Business News story's statement that MDIN has a "history of throwing around lawsuits and harassment" is entirely false. I don't believe that MDIN has been involved in any prior lawsuits whatsoever.] The shorts have MILLIONS of DOLLARS at stake here. They have dug themselves a hole that they will never get out of. It will be a financial grave for many. The response that is necessary to prevent this type of false negative press from entering the marketplace is a simple DENIAL by management of the accuracy of the Mining Business News article. Then the Mining Business News needs to be told that they are reporting FALSE AND MISLEADING information. It is especially unfair that they are presenting one side as "MDIN press releases" and the opposing viewpoint is presented as "Fact". WE THE SHAREHOLDERS OF MDIN NEED TO LET Mining Business News KNOW WHERE WE STAND. The link to the Mining Business News story is mining.com . E-mail them and tell them what you feel at: mbd@mining.com