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 (10744)3/31/1999 5:45:00 PM
From: J. Williams  Read Replies (1) | Respond to of 25548
 
A friend of mine talked with IR this afternoon. The type of mining should be an open pit as compared to drift mining. A definite plus considering cost. Also he indicated that there is indeed a problem with water supply as most of recycleable water was not recovered in the first set of holes due to the type of fracturing that was encountered, causing more than estimated loss of water.

He was impressed with the demeanor and forthcomming by Mr. Goodwin in that he seemed very willing to answer, to the best of his ability, questions that were put to him. We'll see as things unfold. JW



To: Mike Gold who wrote (10744)3/31/1999 6:06:00 PM
From: Coz  Read Replies (2) | Respond to of 25548
 
I have just heard from a source very close to the company that a work-around for the water problem has been found and that drilling has resumed on DDH6. At this time, it looks like work will soon begin on a 7th hole. --Coz