Medinah Minerals Action Committee Letter

April 17, 2001

Registered Share Count Update - We don't have a latest share count as of
yesterday, April 16, so when we do get a total we'll sent it out as a
separate Email. The Transfer Agent (American Registrar & Transfer
Company) is swamped with exchange requests for the Medinah Mining into
Medinah Minerals share exchange and doesn't have the time to break out
and total the completed exchange requests.

The time period from when you send your certificates of Medinah Mining
to them until you've received your registered Medinah Minerals
certificates is still at least 2 weeks and any requests for certificate
exchange that arrive at the Transfer Agent's office on or before the
close of business April 30th will be honored. Please have patience and
don't phone the Transfer Agent to inquire about your shares before 2
weeks has passed.  They're working as quickly as possible!!!

For those of you participating in the "buy and register" campaign; soak
up any Medinah Minerals stock that has to be sold at the bid with
occasional bites at the offer. Be a pro, not an amateur. Don't reach up
and run the price, buy on dips and don't forget to REGISTER any stock
you buy. Let's keep the pressure on the brokers to only sell you "real"
shares.

How to catch a monkey.

The natives of Africa have a very ingenious way of catching monkeys and
baboons, and the lesson learnt also applies to market makers and illegal
stock traders.

First get yourself a gourd and cut the top off and empty the contents.
Then cut a hole in the bottom just large enough for the width of a vine.
Now get a vine and a ground peg. Make a knot at the end of the vine and
pass the vine through the bottom of the gourd leaving the knot inside
the gourd. Attach the other end of the vine to the peg and securely
fasten the peg in the ground. Fill the gourd with monkey goodies,
placing some on the ground near the gourd and stand back and wait for
the troop to come by. The monkeys will taste the goodies on the ground
and eventually discover the gourd filled with treats. At first they will
be tentative about placing their hand into the gourd but as they feel
more comfortable they will grasp with a full hand the goodies inside.
One slight problem though. With a fist full of goodies their fist is too
large to extract from the gourd. Try as they might they won't be able to
get their hand out and because their greed button has been turned on,
they won't let go for any reason. At this point you'll be able to walk
right up to them as they're screaming and yelling and bonk them right on
the head. Supper is served.

Moral of the story? Don't get greedy or you'll be done like dinner.

He who sells in the market shall buy in the market. Let's make them
prove it. Register your shares.

HERD ON THE STREET

1.    The total volume of shares purchased by the "Buy and Register"
program Friday, April 6 exceeded the total number of shares printed -
and these were just the shares we knew about. Don't forget, if you buy,
put in to register your shares.

2.    The National Post reports in its Wednesday (April 11, 2001)
edition that the former officer manager of BMO Nesbitt Burns's Calgary
branch is the subject of at least 10 investigations being carried out by
the Investment Dealers Association of Canada (IDA). The Post's Theresa
Tedesco writes that according to documents, the IDA is probing the
trading activities of Zona Armstrong involving client complaints dating
to January, 1999. The IDA has 60 outstanding investigations involving
brokers at Nesbitt Burns. The brokerage on Tuesday responded to a series
of Post reports involving the company's compliance procedures. In a memo
to its 1,600 investment advisers across Canada, Nesbitt Burns announced
it had instituted more efficient systems to track brokers, client
accounts and complaints. Meanwhile, two lawsuits have been filed against
Ms. Armstrong and Nesbitt Burns in Calgary by clients who alleged the
broker made discretionary trades and unsuitable investments in their
accounts. The suits together seek about $713,000 in damages. The focus
of the IDA's probe is to determine whether Nesbitt Burns has adequate
compliance procedures in place.

I wonder how many Medinah Mining shares she and her fellow brokers were
illegally short selling to U.S. brokerage house clients?

3.    From the archives of Medinah trivia we have the story of the
financiers who gushed for 2 weeks in phone call after phone call about
how great they thought Medinah was and how eager they were to finance
the property development. During the last conversation they were asked
as whether they preferred the property in Chile or the one in Argentina.
They replied that they really liked the one in Argentina.

Wrong answer! We don't have a property in Argentina. Just as management
thought, it was another "short" group trying to cover a position through
a financing. Bad, bad boys…. the least you could have done was your
homework.

If you know any one who'd like to receive these updates, please give
them our Email address (located at the bottom of this page), then they
can send us a note with their name, Email address and contact phone
number and we'll be happy to include their name on our list.

Please exchange your shares!!!!

BE PART OF THE SOLUTION, NOT PART OF THE PROBLEM. EXCHANGE YOUR SHARES!

RGM Communication Inc.
Fax: (604) 687-4611
Email: rgodwin@rgm.com
or: Fax (503) 692-6787