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

To: on parole who wrote (14792)	6/1/1999 1:58:00 PM
From: SSP	Respond to of 25548

Yamana Strikes Bonanza-Grade Gold at Martinetas TORONTO, ONTARIO--Yamana Resources announces that a recently completed 40-hole drilling program on its wholly owned Martinetas property, Santa Cruz, Argentina, has yielded bonanza-grade gold on the Coyote vein with one diamond core hole (DDH) intersecting 5.00 meters of 731.62 g/t Au, including 0.80 meters of 1,594.55 g/t Au (51.27 oz/t) with 1,780.0 g/t Ag (57.2 oz/t). On a separate target 2 kilometers away, another DDH intersected 47.00 meters of 6.68 g/t Au, including 3.05 meters of 89.53 g/t Au with 98.9 g/t Ag. A single DDH in a previously untested sector between these two discoveries hit 16.50 meters of 1.98 g/t Au with 8.9 g/t Ag. fin-info.com

To: on parole who wrote (14792)	6/1/1999 2:38:00 PM
From: TomNY	Respond to of 25548

Interesting comment about gold prices from Mining newsletter: . . . gold demand, mostly for jewelry and investment, is through the roof. Meanwhile, the gold price lags, hitting 20-year lows during May. The low price is spurring investment demand but this isn't being reflected in the gold price. Does this tell anyone else that the gold price is really being controlled by derivatives trading, and not by supply/demand? Don't know where he got his "through the roof" numbers -- I'd be interested in knowing what industry group (or government) tracks gold demand.