Medinah Minerals (MDMN)

[Surwin]

I agree it should have been in my opinion restrict stock in MDMN. MDMN has no cash so all they could do was issue stock in MDMN, but giving up 1% of Auryn is like giving up NUOCO for nothing, since that all we got for Nuoco is 1% of Auryn stock. I guess the good news is now they are responsible for 1% of the future cash calls. I imagine they should have given MDMN 7% (1/27.5) of its cash call back to MDMN in order to get that stock, especially if everything is on the up and up! Here is the kicker If MDMN has a $50M option to buy an additional 5 % of Auryn, looking at it from this perspective we just gave away $10M. You got to put everything into proper perspective !