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

To: KMT who wrote (11943)	4/29/1999 5:02:00 PM
From: superdow	Read Replies (2) \| Respond to of 25548

Perhaps someone can comment on the 1 share for each 2.5 preferred (compared with one for ten for common stock). Is this appropriate...not sure one way or the other, just want someone to explain it. thanks.

To: KMT who wrote (11943)	4/29/1999 5:47:00 PM
From: Ken Sammut	Read Replies (4) \| Respond to of 25548

If there is a short position out there, you have to give MDIN management a lot of credit. They kill two birds with one stone. They package Lipangue and LDS together to sell or joint venture. They form a private company with all the remaining properties which they can take public. They do a name and cusip change and throw off the dividend for the new company forcing any shorts to cover their positions. They buy a shell in CDCH and place some assets in it which will allow CDCH to be their financial arm. (Guess we will learn more about that shortly). They time their announcements appropriately and build shareholder value. They hired a respected Geologist who has credibility in the industry and have had the good luck of having some successful holes right from the very start. They seem to know how to market themselves to the majors. Whatever happens from this point out even the naysayers have to be impressed. Ken