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

To: RMF who wrote (11877)	4/29/1999 1:13:00 PM
From: RMF	Read Replies (2) \| Respond to of 25548

I mention Golden Hemlock because their situation seemed similar to MDIN. They had a nice vein with a decent srike length, but their inability to find near surface grades amenable to open pit mining made the vein system uneconomic with gold prices tanking. Maybe the situation here is completely different, but when you have to resurrect long dead Incas to support your stock with current, up to date, high tech. drill results just out, I think you have to wonder. Anyway, I have never seen a mining stock move up or maintain support when the drilling is on hiatus.

To: RMF who wrote (11877)	4/29/1999 2:52:00 PM
From: Mike Gold	Respond to of 25548

MICAP-I don't suppose you know that Lipangue was known as "Gold Mountain" by the Incas-hey? (By the way, Andicollo area was known as the land where the rivers run gold.) In fact, the surface of the breccia at Lipangue was mined for gold at onetime. The drills hole to date have been slightly off strike from the previous surface mining. Hole 9 minerlization which is much closer-will have minerlization very close to the surface. Market cap drastically undervalues Medinah. Just the Andicollo is worth 50 million from previous drilling done by Chevron etc. Then of course the several million ounces from the Catan. Couple of dozen million ounces from the Placers. The milions and millions ouncesaround Lipangue, LDM and other properies and don't forget Medinah's ultra secret Andes mountain properties which value can only be guessed at. Sour grapes MICAP! All we be made clear to those with blinders on...but probably too late to be able to get in on. Cheers!