Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: KMT who wrote (8874)	2/4/1999 6:58:00 PM
From: Walter Brownlee	Respond to of 25548

Kev, we made the SMALL CAP EXPRESS today" Medinah Energy (MDIN:OTC) identified several diamond drill targets on the company's Alto de Lipangue property. Shares closed at $0.32, up 4 cents on volume of 5,133,400." stockgroup.com,

To: KMT who wrote (8874)	2/4/1999 8:42:00 PM
From: on parole	Read Replies (3) \| Respond to of 25548

A source I spoke with today indicated a Chilean group, which holds 10,000,000 shares of mdin and has been trying unsuccessfully to receive their certs received a call from the transfer agent today. The response: we're not able to deliver them. What happens now, does the transfer agent contact the SEC and the mms are forced to cover? If a short squeeze can occur in a penny stock this looks like it has all the ingredients: strong fundamentals, a large short position, and a large % of certs registered. Let the games begin.

To: KMT who wrote (8874)	2/4/1999 8:53:00 PM
From: Mike Gold	Respond to of 25548

Hold on folks for a free ride courtesy of our favorite Canadian MMs! I wonder if they will give us free drinks and a backrub on our little rocket ride? Nah. Perhaps too much to ask for!

To: KMT who wrote (8874)	2/7/1999 12:27:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 25548

KMT, If I am not mistaking, you are one of the expert on Medinah. DO you mind answering these few questions. After browsing through the website, recent news, projects descriptions and financial statements... 1) Can you tell me how they are financing the current exploration programs...Although they are not extremely expensive..It looks like, as of Sept. 30 98, they had very few $$ avail and 2X as much debt. Since then, I haven't read anything about about some financing ? 2) What is the asset listed as ADVANCES TO SUBSIDIARIES.. $$ spent on former projects held by subsidiaries ? 3) The property looks like they are very good prospects... I like the prospect of the Catan vein... but on this subject I read that a channle 70-meter long was completed in early December..how come they have not reported on the average assays along that channel ? 4) When I first checked the MDIN before Xmas the stock had a market cap of some of some US$4M which was fair value and reasonable for the assets held by the company. Now after only a few exploration results which were good but didn't really proved anything as yet, the market cap is an 5X at US$18M following large volumes in recent days. In your opinion, what is the reason for this new valuation..other than promotional activities synchronised with the start of the drill program? CC