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


To: Handshake™ who wrote (4034)7/9/1998 5:37:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
Vince, this latest news releases, raises many concerns with me. Here's one for starters:
This vat leach system that they are apparantly going to take from NPEC. If I recall the production capacity of this thing is rather insignificant generated revenue of just a few million a year at most. I think the ore they will be using will be higher grade producing more gold but it still sounds like a pretty small operation. I don't see this helping to support a higher share price. How about you? Wish we could see some meaningful numbers!