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


To: findstock who wrote (5316)8/13/1998 8:35:00 PM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
Findstock, I have to disagree with you as far as the zillion ounces of gold comment. The market does care about large finds(take MINE for an example) but it has to be proven reserves determined by independent 3rd parties in order to count. It is true with the POG so low the potential of MDIN no matter what happens is probably $4 max instead of much higher before BRE-X.

Also production numbers are not as far away
as you think. Gold ore is being mined and I believe processed. It is now a matter of getting the numbers out.

As far as the new porphyry deposit-yes its big but will have no impact on the stock until drill results are produced-this Fall might get interesting in regards to this especially if POG goes up.

As far as Majors are concerned, I would expect something to happen before the end of the month or nothing at all.

Since KMT is not here...Cheers!



To: findstock who wrote (5316)8/13/1998 11:35:00 PM
From: Ancil  Read Replies (2) | Respond to of 25548
 
Majors, wishfull thinking.

Majors get involved when a JR proves up gold they don't get in before it is proven.