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: Mike Gold who wrote (10118)3/12/1999 3:13:00 PM
From: Ken Sammut  Read Replies (1) | Respond to of 25548
 
Thanks Mike,

Not that I am greedy (I really am), but if you reverse what you are saying, MDIN could leave a lot of money on the table by selling at too low a price (not knowing what they really have).

Ken



To: Mike Gold who wrote (10118)3/12/1999 4:20:00 PM
From: Grateful Reaper  Read Replies (2) | Respond to of 25548
 
Mike, from your experience, have you ever heard of a major that made an offer for a company that had drilled and assayed as few as 3 holes? I'm just curious if there is any precedent for something like that.



To: Mike Gold who wrote (10118)3/12/1999 6:24:00 PM
From: RMF  Read Replies (1) | Respond to of 25548
 
You gotta be kidding, right?

One hole and the majors rush in for several hundred million?

Will the rest of the assays on hole three show platinum and diamonds in with the gold?

You think they'd at least want to twin that one hole with their own drillers before they wrote the check? Nawww...let's just send the drill back to the shop and open the bidding at half a billion!