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

To: Mike Gold who wrote (10113)	3/12/1999 1:57:00 PM
From: Ken Sammut	Read Replies (2) \| Respond to of 25548

Let me rephrase. To prove to a major that the property is worth several hundred million. I cannot see any company shelling over that kind of money on just a handful of holes even if the assay results are good. Not trying to be negative (just realistic) but I would assume a major would want many more holes dug before they would suggest a price. At what point does a major use its own financial resources to continue drilling more holes or to dig deeper into the core? Would they be willing to do so while MDIN still owned the property if they have first right of refusal? Ken