Monday, August 25, 2014 3:16:38 PM
It is hardly a mystery.
We have zero credibility. We have VERY little substantive detail about whatever the terms of our "JV" are. We have a bunch of rumors and koolaid floating, but without real corroboration, we've got no chance of enticing outside interest necessary for real PPS appreciation.
It seems obvious that the only folks paying attention are the usual suspects (us), and periodic toe dipping by bigger money, presumably those affiliated with AURYN, as evidenced by our two run ups earlier this summer.
Let's lose the comparisons with "pushing 19 cents" while we are at it. We NEVER traded at or above that level for ANY appreciable time, at any meaningful volume.. It was an outlier, pure and simple. A "blip", and it shouldn't be used as a metric with respect to the trading history of MDMN. After all, exactly how many days did MDMN close at or above $0.15/share in the past FIVE years?. Answer: SIX days, by my informal analysis and only for one day did we close above $0.162.
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