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


To: the Chief who wrote (5942)9/4/1998 8:56:00 AM
From: J. Nelson  Respond to of 25548
 
Chief: So IMO. that's why short intrest would grow in the non proven

style gold issues during a run up. Now if there was news on a issue of
good drill results it may have a fair reaction yet not much IMO as there
would be much to do pre production on a site. If I think back do you not
have to show spacing of like 25 meters on a drill pattern for it to become
proven ground.

With a Firm news rls about some major event there may be action to move
the issue and that would also cause the short intrest to scramble and
cover. We here just must sit back and wait out the storm for the news and
results of the drill program. IMO, the cost of the ground would carry a
larger premium to the base value of the stock, yet that's the way trading
goes in the little BB, issues. What IYO would bring more value to the base
price of a small firm in this type of market? thanks Jim..