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


To: findstock who wrote (10386)3/23/1999 10:17:00 PM
From: PvG  Read Replies (3) | Respond to of 25548
 
If the news is supposed to be so great why isn't there significant buying? On all recent releases a PR was preceded by big buying (to be followed by big selling). This time very little buying.

If its bad why isn't there dumping?

After deciding I have been very fortunate to invest at a very low depressed price and participate in a rapid increase, I have taken part of my initial investment off the table. Can't go wrong taking a triple. However, I still own a significant block, and my weighted average cost is so low I can rest easy. My DD has said this is a good speculation and still seems so, but why the rush for a partial release and the wait for the complete release?

I know, over the next couple days they will settle the Dayton lawsuit - causing a huge increase in price, finalize the Russian deal - causing a huge increase in price, secretly conduct a share buy back program - causing a huge increase in price, become a reporting company and get listed on a European exchange -removing resistance to price, and don't forget the massive short drop causing a ____ in price!

Scary thing is the company may actually be setting up a few dominos, never know.

When Medinah does whatever it will need to do to increase the share value, I'll happily enjoy my slightly reduced but still significant profits. If not, CMED is still a buy.

Impatiently waiting with everyone else.
PvG.