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RESPONSE TO SHAREHOLDERS
Q&A WEBSITE

September 14, 2007

We continue this week with answering the most commonly asked questions, in no particular order.

  1. Q) “Getting a little nervous your still here.  WHy if you have an acceptable offer at hand have you not announced this?  YOU stated end of AUGUST is JJ deadline for any offer to be considered.  Next week is filled with holidays . . . So when will you have an AGM to complete the process?  IM really tired of all these delays and you should have left for Chile already or at least updated us!”
    1. A) The shareholders, at an AGM, authorized and instructed the Directors to enter into a sale/Joint Venture Agreement to further the development of the Alto de Lipangue property in Chile.  It is not necessary to hold another AGM to complete the process, however, we will hold a meeting to fully disclose any completed agreement.

      A) The process in Chile, to flush out all necessary terms and conditions pursuant to any Joint Venture Agreement, is in excellent hands; legally and from a negotiating point of view.  I am in constant touch to assist in any way required and we will travel to Chile, or elsewhere, at the appropriate time.  The only ongoing negotiations are with parties who have previously demonstrated a sincere interest to complete a satisfactory agreement.
  2. Q) “I have noticed a distinct increase in the volume of shares of Medinah traded over the past week. Also the price of MDMN has been inching upwards. I read a message on one of the professional stock trading websites a few days ago indicating that bullish volume activity is occurring in the Medinah stock and that this usually means one should think about buying a position. Do they know something that we don't? Is this activity indicative that something is imminent?”
    1. A) All pertinent information is released via posting on our website or direct news media distribution, to all parties at the same time.  Medinah has been attracting investor interest from the brokerage community as the volume and price have increased in anticipation of the company finalizing a Joint Venture with a participant on its Alto de Lipangue discovery in Chile.
  1. Q) “Several years ago, I wrote to ask whether or not I was supposed to register my shares.  I was told no ... that I would be included in any transactions by Medinah just the way I was. Now the Q&A column makes it sound like if you don't have us registered, we won't benefit from any of the growth in Medinah.  I'm also confused at the difference between "holding" and "registering." When I click on the Medinah site page for Investor Registering, I get a form that's to be sent to mu broker.  My brokerage house HOLDS my stock in my IRA.  Why would I need to REGISTER them as well.  Can you help a 70-year-old Texas lady figure out how to benefit from all the years I've been buying stock?“
    1. A) You are correct that you are included in all transactions Medinah has with its shareholders.  However, if your stock is “held” by a broker and not “registered” in your name on our records, any notices, distribution on other such transaction does not flow directly to you, but is delivered to an agent for your broker, who then processes such items through their system and eventually to you on your account.  I would be pleased to discuss with further with you if you were to call me at (604) 903-2981.
  2. Q) “Can the companies that have been involved in JV offers buy Medinah stock in the open market? or does the NDA prevent them from open market purchases?  When does their NDA expire?”
    1. A) All of the potential Joint Venture participants are subject to non-disclosure agreements and non-compete clauses to protect Medinah and to temper market speculation.  They cannot participate in the open market until such time as a formal agreement is completed at which time the NDAs expire.
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