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

To: TomNY who wrote (9873)	3/9/1999 3:02:00 PM
From: Ken Sammut	Respond to of 25548

Is there anything preventing two majors from joint venturing regarding the buyout of MDIN? Or, a major taking a partial equity stake in MDIN XXXmilion for _%ownership. As we read in one of Mike's posts yesterday, MDIN has over 40 other properties. Several hundred million for a percentage of the company could be a good long term move if the company is confident about the other properties. They would have all the cash they needed to drill/explore and add potentially more shareholder value. >>>To: Ken Sammut (9759 ) From: Mike Gold Monday, Mar 8 1999 2:28PM ET Reply # of 9873 Here's a few for starters-this is not an all inclusive list-there are more. Also through Sr. Quijano, Medinah could probably obtain other highly prospective claims in other parts of Chile: The Caren River Gold Placers are formed by the following groups of mining properties 1. Afto Caren 1-50 2. Los Cesares 1-40 3. El Paso 1-10 4. Rio Caren 1-24 5. Los Tajos 1-40 6. Bajo Caren 1-40 7. Bajo Caren 41-70 8. Bajo Caren 71-108 II. Puangue River Gold Placers, located in the riverbed or the tideland of the Puangue River, Township of Curacavi, Province of Melipilia, Metropolitan Region. It consists of some 12 square miles of placer deposits that has been economically mined in the past and has a high potential for a profitable gold mining operation in the future. The Puangue River Gold placers are formed by the following groups of mining properties: 9. Milialeu 1-24 10. Milialeu 25-64 11. Milialeu 65-82 12. Milialeu 83-107 13. Cerro Viejo 1-40 (Tideland, Township of Quilpue, Province of Valparaiso. ) 14. Quebrada Larga 1-18 (ibid) III. Gold, Copper and Silver Hard Rock Mining Project in Loncomilia 1-42, located in Cajon de San Pedro, Township and Province of Quillota. : 29. Loncomillia 1-42 IV. Gold, Copper and Silver Project, Caleu, Township of Til Til, Province of Chacabuco, Metropolitan Region. Contains the Catan vein-over a meter wide, 2.8 kilometers in length, unlimited at depth-high grade gold. 30. Lucia 1-56 31. Cruchy 1-20 32. Escorpion 1-30 33. Catan 1-20 34. San Genaro 1-20 V. Gold, Copper and Silver Project in Lipangue, located in the Township of Lampa, Province of Chacabuco. Metropolitan Region and in the Township of Curacavi, Province of Melipilia, Metropolitan Region,: Contains a potential world class copper/gold porphyry deposit and the Las Dos Marias Stockwork project which consists of mantos deposits which are also likely to be mined economically. 35. Altamira 1-30 36. Mercedes 1-33 37. Juan Jose 1-25 38. Los Amigos 1 -1 0 39. Concordia 1-20 40. Las Dos Marias 1-30 41. Lo Amarillo 1-72 42. Milialelfun 1-55

To: TomNY who wrote (9873)	3/9/1999 3:51:00 PM
From: Handshake™	Respond to of 25548

It creates an interesting situation for sure. Does Medinah issue say 85 million common and when the first batch of preferred gets converted that would add another approx. 9,000,000 million bring you to 94,000,000 common. Now the next batch to be converted would add another 9 million which would bring you above the 100,000,000 authorized. Usually the Board of Directors could authorize more so I'll have to check Nevada laws to see if it requires a vote of the shareholders. Another way of getting around it would be of course to roll it into another shell that had room to issue. Hopefully not called ZMedinah..lol!!!! With the phase in of BB reporting requirements lets hope it would be called AGOLD Inc.