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

To: Ken Sammut who wrote (9609)	3/2/1999 2:04:00 PM
From: Handshake™	Read Replies (1) \| Respond to of 25548

Just my work table to determine what I think would be a fair value of Medinah should they have 100 million tons of mineralization, using x as a g/tn value and multipying the ounces of AU (just dreaming here folks that its strictly Au) by $40 for proven reserves. Some discount whats in the ground even more, but here's my table...Oh, also using 100 million shares as a fully diluted number just in case..lol!!! 100000000 1 g/tn 3500000 $1.40 100000000 2 g/tn 7000000 $2.80 100000000 3 g/tn 10500000 $4.20 100000000 4 g/tn 14000000 $5.60 100000000 5 g/tn 17500000 $7.00 100000000 6 g/tn 21000000 $8.40 100000000 7 g/tn 24500000 $9.80