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


To: TomNY who wrote (4012)7/8/1998 1:48:00 PM
From: Mike Gold  Respond to of 25548
 
I guess this release explains the recent decline in MDIN's share price quite well. Looks like production has been delayed again indefinately. My take on it is that MDIN, whatout saying so in black white, has basically run out of money . I don't see anything happening with MDIN until they get money from the sale of some of their properties to use to develop their other properties.
Tom, you are right, gold in the ground means nothing these days-you have to actually be producing it to mean anything.