Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: the Chief who wrote (5244)	8/12/1998 2:42:00 PM
From: Mike Gold	Respond to of 25548

As far as the Santiago properites go, I believe MDIN owns 80%, vender owns 20%. Cost was $24 Million. MDIN had to make an initial downpayment.(It may account forthe misssing 6 or 7 million restricted shares ). I do not know the time period of payback on the balance. I was told that MDIN was planning on paying for it from money that make from production.(Yes, I believe production has already started on the placer properties) As far as the Andiacollo properties-I am hoping that issue is mute. Hope that helps some.