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


To: Mike Gold who wrote (7190)11/17/1998 8:13:00 PM
From: J. Nelson  Read Replies (1) | Respond to of 25548
 
Mike, Ancil: ROTFLM-----OPPS-I-JUST-REMEMBERED-I-DONT-HAVE-ONE-LEFT-AFTER-TODAY-TO
LAUGH OFF.

Your going to do what? Ok now what's the main reason for me to join into the big accumulation
to take place. Month end in Canada next week and that so many are going to sell there stock at
a loss? That was purchased early in the month? Some reason to buy aint it... Let's see it's all
the good news we have had on everything from Mr. Officers... There is a new onging promotion firm
who will blow this to a new high... There are no shorts at .07 cents only a fool would do that
so lets not put them down there money is made... I do like the proof of posittion by insiders
yet there stock is all in the perfd. issue and there waiting to buy it back at a buck a share
that's no good... The dirll will run pre X-Mass, na Children in Chile love the season and it's
off to fun and games for 45 days nothing happens unless it's in the works pre turkey day. Talking
of turkey can I be one of the only virginal players here that represents the serious violations
that have been done to me? Well that's the best explanation of MDIN I have for now.



To: Mike Gold who wrote (7190)11/24/1998 3:36:00 PM
From: DR. MEADE  Read Replies (1) | Respond to of 25548
 
Tuesday November 24, 2:58 pm Eastern Time

Company Press Release

Santa Elena Project Announcement

LAKE ELSINORE, Calif.--(BUSINESS WIRE)--Nov. 24, 1998--The directors of
NP Energy Corporation (OTC BB:NPEC - news; OTC-BB:MDIN - news) are
pleased to report that through the Corporation's counsel, the
corporation is actively engaged in negotiations with BPZ & Associates,
the brokers of the Santa Elena Project.

The purposes for these discussions are twofold: (1) they are hoped to
settle the claims of, and to produce the recovery of the damages
suffered by, NP Energy in connection with the aborted attempt to acquire
participation in the Santa Elena Project, and, at the same time and as a
part of the resolution of the dispute; (2) to obtain a development
opportunity that will attain the profitability originally envisioned for
the Santa Elena Project.

As a part of this process, counsel for BPZ & Associates is providing for
NP Energy's consideration, new business opportunities. Of course NP
Energy will conduct a thorough evaluation of any such proposals, bearing
in mind the sources from which they come. In the meantime, BPZ &
Associates has agreed to a written ''tolling agreement,'' in which the
selected, potential defendants in NP Energy's suit regarding the Santa
Elena Project have agreed to preserve (by extending the statues of
limitations) NP Energy's claims against them. Such agreements have been
determined to be enforceable under Texas law, and will provide NP Energy
additional time to review new prospects in conjunction with a settlement
of these claims.

When, or if, a suitable proposal is made in regards to the resolution of
this dispute, or when a project that withstands the corporation's due
diligence inquiry, further announcements shall be made. If there is not
a resolution satisfactory to NP Energy by the final conclusion of the
tolling agreement, then suit will be initiated.
------------------------------------------------------------------------
Contact:

NP Energy Corporation
Investor Relations
1-888-572-0170

------------------------------------------------------------------------
More Quotes
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•Medinah Energy Inc (OTC BB:MDIN - news)•NP Energy Corp (OTC BB:NPEC -
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