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

To: StaggerLee who wrote (3431)	6/16/1998 11:08:00 AM
From: WHL	Respond to of 25548

Hey, SL! I think you got it with that last comment. Also, recent press releases attempt to indicate that this company is sitting on as much as a billion dollars of readily accessible gold, yet the stock values the company at around $15 million. What gives? The market seems to believe that the company is publishing lies. Are the market makers and naysayers (ie. short sellers) right- with company principals soon to head to jail for issuing false press releases in an undisguised attempt to manipulate the stock price- or could the company be right with the market cap of this company about 30 times below where it should be?

To: StaggerLee who wrote (3431)	6/16/1998 11:12:00 AM
From: KMT	Read Replies (2) \| Respond to of 25548

SL: Does anyone know what happened? I told you, you don't believe me. Also, recent press releases attempt to indicate that this company is sitting on as much as a billion dollars of readily accessible gold, yet the stock values the company at around $15 million. What gives? The market seems to believe that the company is publishing lies. I don't know about the market... I believe the press releases. I trust management. You seem to be indicating that you don't believe the press releases and don't trust management. No problem, that's your prerogative. We'll soon see who's correct and to what extent. I'm assuming you're not going to invest here and you'll move on to another stock. If that's not the case and you just want to stay here and badger / blast MDIN and it's shareholders, be my guest. However, I'm not responsible for what comes back to you when we skyrocket and the big dogs like Handshake with their witty bites are let off their chains. ;-) Cheers, KMT

To: StaggerLee who wrote (3431)	6/16/1998 11:25:00 AM
From: superdow	Read Replies (1) \| Respond to of 25548

None of the gold has been ''proven'' to the satisfaction of the investment community and who knows how much of it can be mined profitably The only person person who might have all the pieces imho is the company president and perhaps some of his immediate sidekicks For the rest of us, at best, it amounts to nothing more than educated speculation For me its just speculation and trust Hear that-- I TRUST you doctor meade <g>

To: StaggerLee who wrote (3431)	6/16/1998 11:50:00 PM
From: StaggerLee	Respond to of 25548

Hey, what happened to this "gold mine" from the 1/14/98 press release? Six months later and NOTHING! (Edited) "Historical information...indicates it to be some of the richest grounds in Chile. One period of production processed 392,000 cubic yards of material with an average recovery of 0.014 ounces of gold per cubic yard (and recent tests have shown even better results). The mineral reserves are expected to exceed 130,800,000 cubic yards. The cost of gold production is expected to be less than US $120.00 per ounce, all inclusive." Doing the math, assuming $300 gold: 130,800,000.014($300-$120) = $330 million in gold profits just waiting to be claimed by this $15 million company. But apparently the company is way too busy to proceed with the excavation process. Or something. lol. Can somebody explain the difference between blind trust and stupidity?