SI
SI
discoversearch

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: on parole who wrote (9870)3/9/1999 2:18:00 PM
From: TomNY  Respond to of 25548
 
Realist, I agree with you.

On the bright side, they're authorized for 10 million, right? Throw in the preferred (around 9 million, convertible 1-for-4), and we're at 95 million. They can only issue 5 million more, am I correct?



To: on parole who wrote (9870)3/9/1999 2:32:00 PM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
Well when the preferred get converted you'll see 35986000, so on a fully diluted basis we are at : 95,160,334

or about 5 million to go...



To: on parole who wrote (9870)3/9/1999 3:05:00 PM
From: Errick  Read Replies (3) | Respond to of 25548
 
Realist....I cannot believe you wrote that. Share count should always be a concern. The more shares issued the less your shares are worth even if everything is as great as it appears. Now if they have no other choice then to issue shares to bring this mine in, then they should do what they have to do....but, share count should always be a concern.

Not to cast water on the fire, but for those of you that think they can only issue 5 mil more shares because they are only authorized for 100 mil....can't they do a reverse split?

Please...these are only comments. I'm in MDIN and remain confident that this puppy is going to run!

Errick