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

To: Vince Moretto who wrote (10897)	4/5/1999 1:43:00 PM
From: PvG	Read Replies (1) \| Respond to of 25548

Interesting conversation with IR. Before they were a fount of information and now they are fairly tight lipped. Earl could not confirm if they had finished 6, started 7 or stopped. 2 key employees are in Chile to attend to the minor Dayton suit and then to be on sight. Medinah has signed nondisclosure agreements with 5 majors. Earl does not know if they are talking JV or buyout but feels JV is the more likely scenario. Earl states it is too early for a buyout and that Medinah would want to drill more holes before selling. The nondisclosure agreements allows the majors to put their people on site to look at the cores, etc. Results on hole number 5 may be out this week. Unkown ETA for hole number 6, the lab is very busy with a lot of samples to process. Just my two cents as a contribution to the thread. PvG.