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

To: Handshake™ who wrote (10280)	3/20/1999 12:02:00 AM
From: PvG	Read Replies (2) \| Respond to of 25548

Fireside Chat with Russell at RGM 1. Hole number 5 is about 230 meters, planning on going to about 300 meters. At 103-113 meters visible Chalcopyrite. This is supposed to contain gold but I will feel much better after the laboratory results come in. From 204 to the current depth of 230 visible Chalcopyrite throughout. From 218-222 massive amounts of Chalcopyrite. Hole 5 is about 25 meters away from hole 3. (204 is supposed to the top of the Bri(sp)??) 2. There was visible Chalcopyrite in hole number 4 that was abandoned due to difficult reverse angle drilling. 3. Company plans on drilling a total of about 10 holes (this means about 5 more?) 4. When current program is completed what will the company do? Pause to reflect. In other words they are probably out of money or in neg. or something. May jv with a major, may finalize a buyout, Majors are sniffing around. Folks just passing on my info. There is always the possibility that the IR guys are playing me like a fool, never know. Have a triple in this and it is always tempting to take the initial money off the table and go forward with "risk free" shares. I'm very long with a significant position in the company, just feeling pretty nervous that I haven't seen the PR that I thought was coming out this week. IR indicated there was a 70-80% chance of a PR on Monday. Expected to be "these are the results of hole number 3, hole number 4 is being analyzed and we are drilling hole number 6" This is my guess of what the announcement will look like. So whats the speculation, the run up on the actual news takes it to $.48, great news is released, the stock immediately drops to $.36 only to start trading in a $.35 to $.45 channel? CMED, OTRKB & DUSA may not have the 40 times initial investment upside but they are definitely easier to evaluate and get solid information on. Remember, Patience, Patience, Patience. I am tired of waiting, someone just tell me the truth, do I own a Goldmine (land containing ore) or a goldmine (hole in the ground with a liar standing next to it)? Ahhhhhhhhhh!!!!!!!! Time to go to bed, Best of luck to all.

To: Handshake™ who wrote (10280)	3/20/1999 8:42:00 AM
From: Wes Stevens	Read Replies (1) \| Respond to of 25548

The only thing more enjoyable then making money in the market is taking money on the course!

To: Handshake™ who wrote (10280)	3/20/1999 9:35:00 AM
From: Mike Gold	Read Replies (2) \| Respond to of 25548

Vince, since Los Bronces appears to be the closest major mine to Lipangue-how about some fun facts? 1)Los Bronces was first mined in 1864. At that time, the ore contained 10 to 20% copper! It was mined and transported on muleback intermittently until 1920 when the grade had dropped to 4.5%.(Compare to the .75% at Lipangue!) 2)The mine was acquired by Compania Minera Disputuda de Las Condes S.A. and was purchased by Exxon in 1978. 3)To prove up the resource, 558 holes were drilled between February 1978 to May 1981-121,000 meters worth. 4)Zone of minerlization is about 2 km long 0.7 km wide and consists of 7 seperate Breccia zones. 5)The deposit does appear to have a relationship to Lipangue-from a research paper: "On a global plate tectonic scale it my be significant that the Los Bronces-Rio Blanco system is located at the intersection of the Andes mountain range and the eastward projection of the east-northeast-oriented Juan Fernandez ridge south of the Nazca plate and the Challenger fracture zone, off the coast of central Chile. The structural intersection may have caused a zone of weakness for a fecund magma to rise into the upper part of the crust." Lipangue formed directly above this feature but 40 miles West at the intersection of the Coastal Range instead of the Andes. Further E and slight NE, you have the 7021 meter Aconcagua peak-highest mountain in South America. Needless to say this fracture zone was not a benign feature! G. House has picked up on this relationship as well and could be one of the reasons that he believes such an unusually large minerlized system exists at Lipangue. It is interesting that there is absolutely zero gold at Los Bronces. Interesting geology to say the least! There is more.