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


To: KMT who wrote (3708)6/24/1998 8:33:00 PM
From: Ancil  Respond to of 25548
 
I agree with you that is a lot off the top.

In our May 11 announcement it was said that ore would be shipped to the Enami refinery and it would start in about 3 weeks.

They also said that this would create substantial cash flow but with such high cost it will decrease cash flow.

Also that the option agreements have been changed to purchase contracts but they can not compleat the purchase of the properties until they have the money or stock to pay for them.



To: KMT who wrote (3708)6/24/1998 8:50:00 PM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
As we have heard from guess who (our buddy Hopkins) that dealing with third world half baked bureaucracies this would be the norm. So now what we wheel and deal when their capacity of their smelting operations is near full. Hmmmm, My guess is and strictly my guess is that some "major" is playing ding dong hard ball. I would think since this major knows what Catan holds, and what Andacollo has is that they will be playing hard ball 1) by controlling the smelter operation that we need 2) by playing chess with us (they are in much better shape to be patient than we are). Could it be that this "major" already has its foot in the door with the Chilean mining industry...Hmmmmm Jerry Springer don't put the cameras up yet, this could be a battle, A losing one for us. Sounds like our only option is a team up with Dayton. Thats probably what Minorca saw long ago!!!

:-(