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


To: on parole who wrote (13007)5/3/1999 10:42:00 PM
From: chip  Read Replies (1) | Respond to of 25548
 
I had my first conversation with Russell of RGM this morning. I wanted to clear up for myself how the Medinah Gold dividend was going to be paid out for those of us with our shares in street name. It shouldn't really be a problem, as its just transacted through the transfer agent, much as any other dividend or split.

He couldn't put a date on when shares in the new company would become publicly tradeable, as apparently it'll be up to the SEC. His estimate was about six months. He sounded really positive on those properties, though, and was looking forward to the financial resolution of the Medinah Mining properties, so that funds could be used for developing them.

I thought it was funny that the first question he asked me was whether I was long or short on MDIN!

Chip