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


To: Mike Gold who wrote (10148)3/13/1999 9:45:00 AM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
Mike, interesting the amount of "newbies". I welcome PvG to our humble abode of exchanging ideas about our sweetheart Medinah. Just seems like we may see more "distractions" down the road.

Hmmmmmm

Bring 'em on babeeeeee!

Jim, late Pacific front coming thru, dodging a few tornadoes but should see some late frost tomorrow and Monday. Soooo yes, gumbo tomorrow night. Probably chicken and sausage. MMMMmmmmmmmmmmmm

:-)



To: Mike Gold who wrote (10148)3/13/1999 10:24:00 AM
From: on parole  Respond to of 25548
 
I concur Mike regarding this post of PvG. No criticism PvG and we welcome your participation but perhaps you misunderstood some of the information relayed or there was some breakdown in communication. Several of your #s and time frames don't track at all with what I have been able to uncover from talking to numerous sources. Nonreporting status can give a company more latitude for strategic purposes but requires more DD on the part of investors to obtain a sense of confidence. This company has held up under intense scrutiny and has some very well known and credible individuals within the mining industry involved in the process. I will look forward to your continued participation and welcome all the other newcomers.



To: Mike Gold who wrote (10148)3/13/1999 12:13:00 PM
From: RMF  Read Replies (3) | Respond to of 25548
 
>>Sorry about not knowing the names of the companies that have been bought out on just a few holes<<

Let's make it easy on you, Mike, don't give us the names of companies, just give us the name of ONE COMPANY.



To: Mike Gold who wrote (10148)3/13/1999 4:37:00 PM
From: PvG  Read Replies (2) | Respond to of 25548
 
Clarification.

I was trying to get an estimate on how big the deposit is. RGM stated that Gordon House's initial estimate was that it could be in excess of 100 million tons. House wasn't saying how much bigger. This does not say it is only 100 million. As such, the best information I have to date says the deposit could be at least 100 million and the preliminary results may indicate it is much larger (again how big is "much"). It is my hope it is 1 billion but I'm trying to share my info not my hopes. I really hope Mike Gold is correct (and have no reason to doubt him) and that the site is much larger than 100 million. Mike if you would PM some of your info on the size I would appreciate it.

Question to RGM: How long until we have a good idea of the actual size. Answer, it will probably take 3 to 6 months to get a handle on the size. I apologize for my careless language indicating that in 3 to 6 months the deposit would be proven, my intent was to say in 3-6 months we could have a good idea of the size.

I try and evaluate the credibility of my information sources. No offense is meant, but it is very easy for a geology prof to look at a few rocks and give a fully detailed account of the history of a site. He has nothing at stake, he is probably relying more on theory than analysis at that point. This doesn't mean the prof isn't right, just that he is speculating to a nondiscriminating audience. However if this same professor was going to make a decision he would probably do a lot more study before actually opining on the history of the site.

Dilution: This is a junior mining company without cash flow (that I am aware of). How else are they going to develop this site without issuing shares? It is my understanding the additional shares have been issued for land rent, drilling services and other activities (sorry no defination for other). The various investment reps have always been upfront to me that in the end the outstanding shares will be close to the 100 million. A really large number divided by 100 million still equals a really nice per share price.

I'm just trying to add my two cents worth to the conversation and not trying to hype.

Hoping for a huge, massive deposit, PvG.