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

To: bully who wrote (9699)	3/6/1999 4:45:00 PM
From: JOE P	Read Replies (2) \| Respond to of 25548

perhaps with all the worry everyone is displaying about majors being able to afford mdin or willing to pay for x amount of holes only being drilled blah blah blah.Has anyone thought that maybe with proven assays MDIN might go to the bank get financing and play with their own toys..

To: bully who wrote (9699)	3/6/1999 5:03:00 PM
From: Ken Sammut	Read Replies (1) \| Respond to of 25548

From what I understand several majors both US and foreign have been at the drill site. If the assay results are good, MDIN and any potential buyer will want to do more drilling to get as accurate an idea of how big the find is. More holes and lower depths. No one has said an offer would be made right away but the initial results will be enough (assuming the results are very good) to get the price of MDIN really moving. Although I do not have enough knowledge on the subject it would seem to be a safe assumption that any deals that are made will take weeks or months to come about. In the meantime, MDIN will probably trade at several dollars per share in anticipation of a deal being done. The final share price determined when the bid is actually made. The question is do you feel lucky? Do you take a position or add to your present position before the results are announced? Or, do you wait for the announcement and pay a higher share price? Or, do you simply pass on it as the results could end up disappointing. Like I said, do you feel lucky. At least we will not have to wait too long for our answer. Ken