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


To: Mike Gold who wrote (5964)9/5/1998 9:26:00 AM
From: findstock  Respond to of 25548
 
Well since we are talking about mantos and breccias and such, lets talk about another issue, I was out of town Thursday and Friday, Friday I called to get a quote on the stock and it was at .10 x .11 obviously no great shakes but the price was up and I see there was a comment or two about it in here, then I get on this morning and see nice volume and the SAME OL CRAP as to the price, its like it couldn't possible go up for one day, and my issue is this.....this stock hasn't been at this price in quite some time, so it is obvious that anyone selling this stock, "real stock" is doing so at a loss...so are you telling me that with the thread doing some great DD, with Mike making up a great info thread, with house down now finally doing the drilling, a private placement of money, website and now some new exposure of the stock....that we get all these sells and what has to be at some significant losses?......well I know this is a worn out excuse anytime a stock goes down or won't go up, but with each passing day it is more and more obvious that what the company said about some serious shorts being involved with this company are true...and I feel it goes further than that IMHO....it this stock worth 5 or 10 dollars.....well if some huge finds come forth but who would ever know about that, but is this stock worth more than .10?, I think most of us here know the answer to that....I would like to know other people's feeling on this on the thread, and something besides, "Oh findstock these people sold out because they don't really believe that MDIN has anything", yeah I'm sure some have, but like I have said before I smell a rat here, and would like to know anyone elses view on this



To: Mike Gold who wrote (5964)9/5/1998 3:57:00 PM
From: E. Charters  Respond to of 25548
 
And if I could find my 1958 copy of Popular Science that explained how to get 125 miles to the gallon in an ordinary car. (It can be done.. it was done!) but driving at 10 miles an hour and using 150 pound pressure tires with the doors off would not be a preferred way to drive I am sure.

There is lots of mineable gold in the world today that is profitable at today' prices. And in 3 years time as we mine, perhaps more profitable. The hard part is raising the money which takes 1.5 % of the money raised. It is labour intensive and soul destroying.

Want to start a profitable gold mine? I spent 20 years in the biz and I actually mined gold. I might know how. Takes about 20 people with 20K apiece. Its ain't easy to find them! It is easy to get screwed too.

If Medinah is on the level they need about 7 million to continue operation down there. I could start a mine with 7 million and make 20 million in 2 years. Yep. Can be done. Easy. No sweat. Know how many VSE exploration companies have a mining engineer on staff in case they stumble on a mine? About maybe 1%. Maybe.

Know how many companies would recognize a mine if you brought one to them? about 3%. Know how many would want to deal if you did? About 1% of the previous figure. To steal? 99% of all.

That is the game.

mailto:echarter@vianet.on.ca