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


To: on parole who wrote (13942)5/15/1999 9:42:00 AM
From: Mike Gold  Read Replies (3) | Respond to of 25548
 
Realist, the Preferred ratio changed from the latest PR to the one before it. It was 2.5 Preferred will get 1 share of Medinah Gold. Now 4 Preferred will get 1 share of Medinah Gold. Why the change? It appears now that % management ownership goes down in Medinah Gold as compared to Medinah Mining after the strike price. A break for shareholders? This is unexpected. Hope it is not a mistake.