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


To: TomNY who wrote (6979)11/3/1998 12:18:00 PM
From: J. Nelson  Respond to of 25548
 
Tom: I like Tuesday News. so! Come on Big Brass Strutt Your Stuff!

You know if there is cash in flow it would be nice to see the shares
that are held by NPEC sold first as they did put up all the money to do
the total deals for MDIN.... Yes I know there was one little bambie tossed
in yet that's a dead issue IMO. Nothing much there but a $ amount for the
trade. We should see cash to start any type of large program on the project
from a major. There would be no reason to buy back MDIN shares if the price
was going up with a Major involved yet IMO, there would be a good reason
to buy back some of the NPEC holdings with the cash to clear them from the
total project, so MDIN was totaly owned by one firm. Whacha think of them
apples? Let's see about 20,000,000 seed money with 10,million buy back
of 1/2 the shares over at NPEC would leave hmmmm some shares and pfrd. stock
with a $1.00 price tag and income to push NPEC up to the NASDQ listing with
just a easy audited set of financials. That would be easy for NPEC to come
up with IMO. As there books are a little cleaner and there is a old passage
in the notes that I have that says there on hold with NASDQ to become fully
reporting with a clean balance sheet and just the audited financials.