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


To: Russell Gish who wrote (11788)4/28/1999 12:20:00 PM
From: Mike Gold  Respond to of 25548
 
Russell-a counter viewpont:

"I'm sorry, but I don't see this popping......"

HASN'T IT ALREADY POPPED? I THINK THERE IS STILL SEVERAL X TIMES UPSIDE POTENTIAL.

"I think the resource sector has been hammered so bad that too many people are avoiding it altogether thus eliminating the possibility of everyone jumping on the bandwagon."

THERE IS ALWAYS LOTS OF BOTTOM FEEDERS-INCLUDING ME-THAT'S HOW I FOUND MEDINAH-A GEM HIDDEN IN THE MUD.

"IF, and that is a big IF, there is naked shorting"

RUSSELL-THERE IS A NAKED SHORT POSITON-THERE IS NO "IF"

"then I'm sure it will not have the impact a normally bullish resource market would induce. I see any short covering to be a controlled evolution."

I DON'T THINK I HAVE HEARD OF A CONTROLLED SHORT SQUEEZE!

"Those who accumulate on dips and are patient I suspect will be rewarded in due time...... IMO a quick buck is not to be made."

I DO AGREE WITH YOUR LAST STATEMENT. CHEERS!