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

To: Mike Gold who wrote (6247)	9/21/1998 7:45:00 PM
From: the Chief	Read Replies (2) \| Respond to of 25548

Okay already!! You guys have done a 180!! Nothing has changed of significance in the last week.There was optimism in the drill program, they are doing an IP, they are doing all the things right. When a company commits to a $34,000,000 purchase price for a property, they can only get the money from share dillution!! So yes, there will be further share dillution!! Hopefully they have staggered property payments in such a fashion that they can explore and "find" deposits, jump the share price and then dillute!! Any property purchase in Chile that I am aware of has always included share distribution to the property owner. An agreement would likely include annual payments of $x,xxx,xxx + expenditures of $xxx,xxx and share issue on the anniversary date of x,xxx,xxx to the owner!! So the 3,000,000 shares may have gone to the properties owners!! the Chief