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


To: LumpofCoal who wrote (11626)4/26/1999 9:57:00 PM
From: bully  Respond to of 25548
 
Why..................

should they be?

"BULLY"!



To: LumpofCoal who wrote (11626)4/26/1999 11:06:00 PM
From: Ken Sammut  Read Replies (2) | Respond to of 25548
 
LumpofCoal,

IMO there will be a small increase in NPEC share price as MDIN moves higher. NPEC will not really be able to ride MDIN's coattails until MDIN reaches at least $1.00 and Lipangue is proven up some more.

Once this happens, you may see NPEC trading at close to 20% of MDIN's price.

If there is a short squeeze and MDIN's stock price really takes off, you will see a jump in NPEC's price but it may not be as high as 20% as the market will know that the squeeze is causing a temporary high and will eventually fall back. NPEC must exercise their conversion option over three years and will not be able to take advantage of a very quick spike up for MDIN.

Once the craziness of the short squeeze is over and MDIN's price settles down, MDIN will have to show the majors the goods and be bought out for NPEC to receive the maximum value for it's 20% ownership of MDIN. Any other ventures NPEC has will then add to that price.

With all that said, NPEC is like all other BB stocks. It can be manipulated up or down and logic and fundamentals are thrown out the window.

As others have said, NPEC is worth the risk at it's current price. The leverage is there to provide some spectacular gains if MDIN when it is all said and done, is the real thing.

Ken