RESPONSE TO SHAREHOLDERS
Q&A WEBSITE
September 28, 2007

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

Q) “I don't pretend to know much about JV.s, mergers, and acquitions, but I read a newsletter from one who is extremely knowledgeable as is concerning precious metals and owns a metals co. himself. You may already be aware of the following information, If not, may I humbly suggest you consider it and run it by an attorney before any final agreements are settled.”
A) The information you provided is “right on the mark” and demonstrates some of the important issues that must be addressed in any junior/major negotiations. We employ senior legal counsel to discuss and review all proposed contracts and, of course, Juan José Quijano (Company President) is an expert in Chilean mining law and all aspects of contracts.

I have taken the liberty of posting a very pertinent section of your submission in regards to the economic value of a net smelter royalty that should be of real interest to our shareholders.

”If you do the math the junior will, to their amazement, find out that a 3% net smelter royalty will earn more than a 30% joint interest. On a standard royalty agreement, payment to the junior would start from the inception of or full production, depending on their deal. Add to that the junior in a royalty agreement could/should receive pre-royalty payments and schedule repayments of expenses. These repayments represent recoveries prior to positive bankable feasibility and are accounted for as such.”

Q) “Without violating the NDA, how confident are you that the JV agreement will be concluded this year?“
A) Very confident.

Q) “why is there a link on the main page for the transfer agent all of a sudden? IS this something we need to take notice of?
A) As a company, Medinah regularly receives requests from shareholders concerning the services and fees provided by the transfer agent. The American Registrar and Transfer Co. website provides direct answers to most of the common questions shareholders require to handle their specific requests, particularly to such common items as lost share certificate replacement, registration etc.