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


To: Mike Gold who wrote (9663)3/4/1999 9:18:00 PM
From: Handshake™  Respond to of 25548
 
YOur right the roulette wheel is a turn 'n and if LiPangue does not prove to be in excess of 100 million tons of 3 g/tn AU its game , set, match... bananas all gone IMO. This is based on my research that it would have to be this magnitude in order for this stock to become multi dollar. All the other eggs in the basket would just be hard broiled easter bunny rejects... lol!!!



To: Mike Gold who wrote (9663)3/4/1999 11:12:00 PM
From: on parole  Read Replies (1) | Respond to of 25548
 
Much has been discussed regarding the inability of majors to pay excessive prices for Medinah. I have been told that Medinah has enough asset rich properties to make four companies. Assuming this is correct and Lapange is extremely impressive how do you all think the buyout would be structured? Would they buy Lapange for perhaps $5 per share, as an example, payable in the form of a special dividend and Medinah keeps on trucking with the existing properties and shareholders keep their shares? Seems to me if Lapangue is very impressive it would be too costly for them to buy Catan, Placer etc.and all properties.