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


To: the Chief who wrote (5716)8/24/1998 2:40:00 PM
From: Mike Gold  Respond to of 25548
 
Chief, no offense taken! I have no problems with the tough questions you are asking. Nothing wrong in trying to get to the bottom of things.

You did raise an interesting point: how are they priortizing exploration of their many properties? Good question. Supposedly, many of the property's have a previous history of being mined and surveyed to different degrees. They have a hodgepodge of other older reports, discussions with previous landowners, old mining reports and other pieces of info to sort through. The Santiago properties they are exploring now are obviously their top prospects to date. What is exciting is that many other properites have a high likelyhood of having minerialization but have never been explored to any significant degree. Still, I doubt they will have the money to keep on what they have been doing-ie explore, survey, move on to the next one. Sooner or later, they will have to produce or sell.