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


To: eims2000 who wrote (14726)5/31/1999 9:52:00 PM
From: russn  Read Replies (1) | Respond to of 25548
 
I would say the A@P impersonator might be correct. I sure hope he is not correct.



To: eims2000 who wrote (14726)5/31/1999 10:14:00 PM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
Well you ask so here's the 'ol honest Handshake answer:

Defintely a disappointment in that one thing a major brings to the table is creditability. In the wake of sagging gold prices and 52 week lows in Gold mining stocks, and Bre-X, all i's and t's need to be accounted for. This creditability does come with a price. If Medinah does opt to go it alone then adequate money appropriately advantaged to the shareholders would be a necessity. Going it alone does give the shareholders a few advantages, Medinah has 100% of the LiPangue & LDM but would have to put up with the naysayers and gloom and doomers for another 2 months while numerous drill holes are drilled. If the water cooler talk is accurate then I surely would want 100% of this baby and could weather the storm for a few more months and would probably have the opportunity to add to my position. So now its just a matter of the JV becoming a reality or not! Time will tell....With the appearance of all the naysayers lately and saviors that have come to save us from poverty it sure looks like they don't want any Medinah success......