Medinah Minerals (MDMN)

[Veblen]

"However, MDMN as merely a holding company of 3 mining interests (25% of Auryn, 15% of NUOCO and some shares of CDCH) is neither an overvalued scam nor an undervalued opportunity of a lifetime as many an opinion on this and other threads will gravitate to. It is now merely a (compelling IMO) backdoor investment into whatever ADL has to offer, nothing more, nothing less. And as I continue to maintain, MDMN will cease to exist when Auryn or MASGLAS eventually takes them out in order to seize control of the entire ADL."

If JJ, Claro and Les have effectively lost control of MDMN that is a perfectly reasonable analysis.