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


To: Handshake™ who wrote (8296)1/11/1999 11:43:00 PM
From: J. Nelson  Read Replies (1) | Respond to of 25548
 
Nice read Handshake, Did you look back and see what Argentina Gold's price/share count was pre there
drill program.?. Also the move early pre the drill program that went on to the
price of there stock during the dirll ? May be a eye opener as to what's with this
one not moving. Seems that from what I was reading over the weekend confirms that
for a dirlling company to do the work they want there payment for the total hold up
front in secured cash. If not no drill. Also if you have more than one hold or say
two three weeks of dirilling planed they will not let ya do say 500 meters and walk
away. If you contract for 3500 meters and only drill 500 you pay a premo! for the first
hole as it's very expensive to change locations and schedule the drill's. Just a little
info for your file. Hope you find more reads like that last one it's great to see
what can happen when GREAT MANAGEMENT IS AT THE TOP, sorry to say MDIN has none of that
IMVHO. There too tied up in writing or should we say re-writing a News Release that
takes 6 to 8 weeks to finish. It must be worded just right for the mood that everyone
is in and cannot be too close to end of month, not on a Friday, Wen is bad and so is
anytime pre noon on a Tu. so there you are, The reason for NO nEWs....



To: Handshake™ who wrote (8296)1/12/1999 7:39:00 AM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
Vince, in regards to the new MEDINAH belt. (ie extends from Andicollo South to the hills NW of Santiago) Interesting idea. Recall that historically, this area was mined extensively-mostly placer and vein.
Modern mining went high up in the Andes because the theory says the porphyry deposits in the coastal areas have all eroded away. Andicollo is basically the roots of a porphyry-which to have even the roots left is a bit surprising. Lipangue is mystifying because the top of the porphyry(the pipe)and probably all the rest of the porphyry appear to be left in tack. Can't think of any reason why there won't be other examples found. Homestake thinks so-probably why they have bought up all the property around Lipangue that is avaiable.
I have no doubt that J. Quijino has some other fine examples in his inventory!