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

To: Ancil who wrote (6997)	11/4/1998 12:02:00 PM
From: Ken Sammut	Respond to of 25548

If you believe in MDIN but need a capital loss, you may want to consider buying an equal number of shares now. In one month from now, you can then determine if you want to sell your losing original position to take the loss. Hopefully we will get news in the meantime that turns your loss into a gain. Ken

To: Ancil who wrote (6997)	11/4/1998 1:29:00 PM
From: J. Nelson	Read Replies (2) \| Respond to of 25548

Ancil, Just a little more up-to-date-facts on MDIN WEB site Spanish is translated into english.... The Civil Legal Proceedings from last Th. in the case of Compania Mineral Day v/s Gumercinda Olives Arya. Great reading as it IMO looks like there may be a decission tommrow or if the court needs more time it could come in a few weeks. follow up on the idea to sell for tax loss. I could sell MDIN at a loss cover my self by buying the discounted shares over in NPEC and have just about the same 5 to 1 ratio with exposur to anything that would take place in the time window. Would that be a fair thing tax wise to assume? After the 31 days I can sell NPEC and buy back MDIN with no problems and should they go up I would have a gain and down a second writeoff pre year end. It's also good to sell a stock that has a gain the same day as a loss so there can be a wash out of the larger of the two I have been told. Well Whacha, think ? any fact there or is it JSpeak?