Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (10529)	3/26/1999 8:52:00 AM
From: Mike Gold	Respond to of 25548

Medinah in THE PROSPECTOR again: prospector-news.com Medinah Energy (MDIN:NASDAQ BB) released the results of hole DDH 99-03, drilled on the Alto de Lipangue gold/copper property in Chile. The hole returned 1.13 g/t gold over 147.0 m, 0.466% copper over 72.0 m, 3.71 g/t gold over 11.0 m, 2.01 g/t gold over 46.0 m, 12.86 g/t gold over 3.0 m and 0.775% copper over 36.0 m. The company says that hole DDH 99-04 was abandoned because of mechanical problems due to fracture zones and faulting and that hole DDH 99-05 intersected multiple minerals zones so far. (Mar 25/99)

To: Mike Gold who wrote (10529)	3/26/1999 8:57:00 AM
From: PvG	Respond to of 25548

A CPA doing mining analysis, be careful! My understanding is this site is in a hill, as such the company will be able to use conveyors to remove much of the overburden. Or in my simple terms its much easier to use a gravity system to remove the overburden that to have to "lift" the rock out of a bit. Can any technical people comment further on this? Just a thought, was management actually trying to support the share price by making this preliminary announcement? Earl at RGM told me on Thursday not to expect results on hole five for about a week. Hoping and watching, PvG