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


To: EtTuBrute who wrote (4363)7/16/1998 2:10:00 PM
From: EtTuBrute  Read Replies (1) | Respond to of 25548
 
Doeas anyone have email address or web address for Mining News and the Oracle?? Id like to send them something :-) GG



To: EtTuBrute who wrote (4363)7/16/1998 2:21:00 PM
From: EtTuBrute  Read Replies (2) | Respond to of 25548
 
Found this to be interesting relative to the future of gold stocks:

Investor gets US okay to up Homestake stake

WASHINGTON, July 15 (Reuters) - German investor August von Finck said Wednesday he
received U.S. antitrust approval to acquire up to 24.99 percent of Homestake Mining Co.
common shares.

In a filing with the Securities and Exchange Commission, the investor said he was granted the
clearance by the Federal Trade Commission and antitrust division of the Department of Justice on
June 29.

Von Finck said he has requested a seat on Homestake's board of directors and has discussed with
management the possibility of a second seat on the board of directors.

The investor said he currently holds 23,024,300 common shares or 10.9 percent of the
outstanding common in Homestake, the oldest publicly listed U.S. gold mining company, for
investment purposes.

Homestake is based in San Francisco, Calif.