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


To: J. Nelson who wrote (8223)1/7/1999 6:30:00 PM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
Thank you for your clarification, Jim. In regards to shorting, MDIN is involved in plenty of lawsuits. The other parties have plenty of reason to see MDIN crash and burn-and that could be one group of shorters. Also major mining companies could be behind the shorting-would make MDIN an easy take-over target. These are 2 very plausible explanations for the shorting so don't bother to deny the possiblity. The drill program is a big positive for the company-there is no denying that as well. The only possible negatives is if the drills don't turn for some reason or the drilling proves to be unsucessful. MDIN owns 80% of Lipangue-not FIRE. The preferred shares are at a strike price of 1 dollar so no worries there anytime soon. I believe most or all on the thread would "settle" for a dollar a share MDIN.



To: J. Nelson who wrote (8223)1/7/1999 8:26:00 PM
From: Handshake™  Read Replies (2) | Respond to of 25548
 
Jim, as evident from "Boxer Day", no one is "shorting" the stock. The orders that are coming from the US and Chile and probably from the UK, Ireland, Germany, and Mars are shares being sold to them from MM's that are actually creating phantom shares..of course just my humble little ol coonass opinion. Secondly, Sedna Drilling trades on a Canadian exchange, and the guys doing the Chile drilling are out of the Lima office....do your DD, mine confirms much....After viewing the IP's and sitting down with House would tell these guys to do one of two things...either they laughed at the IP's and sold their stock and would just say they mobalized a rig just to go along with your scam or they figured an equity interest in the stock would benefit them greatly...you may make your call on what they are doing, check with your Canadian buddy and the two of you can access any public documents concerning Sedna Drilling and see if they have sold. My call is that if Sedna did receive shares they are sitting on them with a one hell of a grin...remember they have seen the IP's. You want proof but what you don't understand is that you will not get the proof. YOU CAN"T HANDLE THE PROOF..(lol,,just couldn't resist a little Nicholson)...You will get the proof when they are ready. Go study CUMO. My guess is that it is a template where mistakes were made and mistakes corrected. Remember it went from under $1 to over $30. In my opinion these guys are being either very very cleaver which of course would be hard to believe with a stock price at 7 cents....or just maybe they are actually going to "shock" many people including yourself and bully and craig and Ancil..and announce a JV on the placers, Catan production, (oh by the way do you know how much gold is there..Hmmmmmmm), How about selling the Andacollo properties ...read ACA Howe reports on the Toro and Mercedes, and don't forget about Li Pangue which my guess is will be considered world class because it will have at least 100 million tons of some minerlization. I like playing with that number and multiplying it by 3, then 4 then 5 then 6 average grams per ton,, lots of fun, hell we haven't even started playing the Dos Marias numbers, but then you might want to understand the local Geology first. And then, the long anticipated Dayton decision. You've got buddies over there do some DD on their debentures. Do the debentures stand in line after any lawsuits, etc....Again, turn over some stones and then you'll put the pieces together. These guys will reward those who have been patient and not before they are ready for the dominoes to fall. Just think they are making a fine wine...fermenting very slowly...I'll have a glass the the A Go Go opening, which you can certainly attend, bring Frank, I'll buy him a drink and he can tell me how stupid I was...until that day quit a bitchin' and buy some more before its to late!!!! Hell it may be a very very expensive bottle of wine before its over. But then you're probably used to drinking whipple with your cheese...



To: J. Nelson who wrote (8223)1/8/1999 9:20:00 AM
From: EtTuBrute  Read Replies (1) | Respond to of 25548
 
Good post Jim. That is the 64,000 question. Where is the stock coming from?? It appears from the stock action that the paper is coming from the great white north. Boxer day seemed to confirm this. Now, next question is, who is located up in the great white north? Certain principals for MDIN, AND certain principals for DAY, and maybe others that I am not aware of. So, take your pick. By our recent buying of MDIN stock, many of us here have. Cheers! GG