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Anybody who is against a weak dollar.
The U.S. Dollar is a house of cards.
Weak dollar = Gold going higher$$$
Always was and will be! $10,000 an OZ. Is coming !
Who are they...??? And why are they doing that...??? Would appreciate your take on those questions...
And yes... Go CDCH...!!!
They are working hard,to retreat people from precious metal . They been loading gold $$$ trying to push it lower .$$$ go $CDCH .
And still holding well...
2008...???
Just a little over another penny and a half... and BOOM... it's a ten bagger from the mid .003's... I'm liking this a lot...
Go Gold...!!!
Dow 7400. Coming ! Gold 2950. Oz.
$CDCH !!! Sweet.
Didn't get to see the trading today...
But green and up 26%...!!!
Not bad...
We in the pennies...
Not bad from the .003's... not that long ago...
Speculative. With potential.
As of today. 5% of Auryn is 5% of nothing. Speculative to say the least.
I wouldn't invest in this 20 year POS. Next week suckers
GOLD and Oil and Dollar . Which one will tell the Truth of USA .?
One might think that... but no volume...
Have to wait and see... if some some start loading up...
Yep Load the Boat $ Billions $CDCH !
I'll go for that... CDCH... and Gold...!!!
Gold is the pick 2016 to 2017 !
We have put on shelf for 8 years !!!
Our time is at hand $$$
Loving it CDCH MDMN !!! Let's go !
Sister hasn't been forgot...
Once we get news on the Sale... we'll get a clearer picture of just what we got...
Timber is on grab your Gold Dow 8500 coming Miners move to OZ,
Go $CDCH !!! Sister don't forget big brother$$$$$
Ever inching closer to that penny now...!!!
Inching ever closer to a penny... with each passing day...
I see CDCH... going up in the near future...
Just need to get the official news out on the sale... come on Cerro where is that news...???
20 years closer to Cha Ching$$$
Billions $$$ GOLD GO CDCH $$$
Well... they've found gold on the property... and are going to start mining it... how much CDCH... shares in the split...??? We just don't know yet... Will have to wait to find out...
Blah blah blah 20 years of blah
SHAREHOLDER UPDATE January 31, 2016
Dear Medinah Minerals, Inc., Shareholders:
Members of the Medinah Minerals, Inc., Board of Directors and Medinah Mining Chile’s Trustee (both Medinah Companies, being collectively referred to as the “Company”), travelled to Santiago, Chile, between the dates of January 17-24, 2016.
The purpose of the trip was to attend to various legal and administrative matters relative to several agreements in which the Company has either a direct or a vested interest.
Legally bound by an Option Agreement, the Company cannot engage in the first release of specific information concerning AURYN Mining Chile, SpA’s (“AURYN”) activities on the Altos de Lipangue Plateau (“ADL”). AURYN, a private company, reserves the right to disseminate information to the public at its own discretion.
The Board Members and Trustee were engaged in necessary business meetings throughout their time in Chile, both in person and telephonically, with all parties involved with the ADL. After many meetings and negotiations between all parties involved and multiple trips to Chilean Notaria’s, an amalgamation of the NUOCO, Caren and CDCH interests on the ADL plateau occurred. It is important to note that the position of Medinah Minerals, Inc. (MDMN) is currently unchanged. MDMN still possesses a 15% interest in all AURYN production from property claims. At this point, Medinah Minerals Inc. continues in its Option Agreement with AURYN that calls for the payment of a minimum of $100 million US funds while maintaining a non-dilutable 15% interest in AURYN holdings. Based upon the positive results published by AURYN, negotiations are ongoing between the Companies to consider AURYN’s outright purchase formula for the Company’s Altos de Lipangue (“ADL”) property claims at a much higher ownership holding that would enhance Medinah’s long-term prospects.
Due to certain cost-prohibitive tax and cost issues, the Company opted to streamline its interests and vacated its ownership position in the Madre de Dios properties.
Additionally, during this trip, the Company met with and retained the services of a highly respected Chilean Mining Law Attorney, Jose Manuel Borquez, to provide legal services for Company matters.
Further developments will be reported as they occur.
Gary Goodin, Director
Medinah Minerals, Inc.
We just need some good news to arrive here... and we could break over a penny for good... bring on the OZ.
Miners move to the OZ . Looking good
Maybe we should try to get to a penny first...???
Dow 8700 coming !
........ Down down down $$$
GOLD up up up $$$$$$$
Go $CDCH !!!!3.00 $$$$$$$$
Would be nice... to have had... some very successful... meetings concluding... in Santiago Chile... for the week... with good news... to arrive on the tails... of the meetings...
CEO should know their are Co. Pay for you to mine . You get the Gold.
They get ......... (.) fill in the blank CEO.
That's a start... Higher Highs... would be better... LOL...
Maybe in time...
Gold making higher lows!
I'm not so sure about the economy collapsing... but Gold should find a way to head north again... IMHO...
Economy is about to clasps !
Gold is about to run !
Go Sister and $CDCH $$$ take the Gold!
Positive Results in the Environmental Survey at Caren-Merlin-Fortuna Area in the Altos de Lipangue Project
(January 13 th at 1:53:00 pm)
Highlights
Environmental, archeological, mining liability data and water samples were collected.
Over 400 hectares were examined by renowned consultancy company.
Positive results for all surveys were obtained.
AURYN Mining Chile SpA is pleased to announce the completion of environmental and water monitoring at Caren-Merlin-Fortuna area in the Altos de Lipangue Project.
The initiative of the company demonstrates the proven compromise by the company to support the sustained and responsible exploration and exploitation. Therefore, AURYN Mining Chile SpA decided to evaluate the environmental status previous to the next drilling exploration and early production in the Caren-Merlin-Fortuna area located in the Altos de Lipangue Project.
The environmental survey in Caren-Merlin-Fortuna area was executed by the renowned private consultancy IAL Ambiental INERCO based in Santiago, Chile.
Very important data of fauna, flora, archaeology and old mining liability was collected in view to define further exploration and exploitation works in the area, with the concern of minimizing their impact.
The AURYN Mining Chile SpA exploration and exploitation teams will follow special attention in recommendations proposed by the consultant company for the next platforms construction, drilling activities and early production opportunities.
In addition to environmental survey, water samples were collected by the IAL Ambiental INERCO crew, the samples sites were located in three (3) strategical points:
1) Small stream in the central sector of the area involved.
2) At the entrance of an adit in the old Fortuna de Lampa Mine. The sample was collected specifically in the underground water outflow from the adit.
3) Downstream from the project, in a small stream located in the access road of the project.
The results obtained in the samples presents good quality for streams, and some alterations in sulphates and manganese values for underground waters.
AURYN Mining Chile SpA will maintain a follow up to water quality with continuous sampling in different seasons.
OK... that works too...
No down ! Before we go high $
$CDCH !!!
Now... when do we climb over a penny and hold...???
Settle down now... lets just get it to .02... or so... first...
Wweeeeeeeeee!!!! $CDCH .35 to $2.25
Bible... Guns... and Gold...
Sounds like hunkering down for the long haul with CDCH...
Probably not a bad idea...
Grab your Gold and KJV Bible grab Guns !!! Load $CDCD $$$$
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Basic Company Information |
Cerro Dorado is a junior mining/exploration company with gold/copper/silver claims ("The Alto De Lipangue Project") near Santiago, Chile. They have adjacent claims to Medinah Minerals (MDMN) on the Alto De Lipangue plateau. The relatively low elevation, close proximity to infrastructure, and exceptional nature of the property make their claims an excellent future location for large scale gold/copper bulk mining operations. Juan Jose Quijano, Cerro Dorado's representative in Chile, is working with several potential joint venture participants, assisting them in their due diligence, both in formal meetings and visits to the Fortuna de Lampa property. As Juan Jose Quijano has a vested interest in the potential of these properties, being a significant shareholder of Cerro Dorado, a creditor, and property participant, he is working diligently to bring a satisfactory joint venture party to the cmopany, with an agreement structured according to current mining standards.
• Stock Symbol: CDCH
• Website: http://www.cerrodorado.com
Articles of Incorporation
February 11, 2012 Shareholder Informational Session
Background of Juan Jose Quijano
Juan Jose Quijano, an attorney, as well as his father were instrumental in writing/developing mining legislation for the country of Chile and he also happens to control the most mining claims of any individual in Chile. He practices before the Chilean Supreme Court and other South American countries on mining matters and has been partnered with both Cerro and Medinah for many years. His knowledge and influence within the Chilean mining community and government are key assets and an integral part of Cerro and Medinah's corporate plans. His complete biography can be found here: http://www.medinah-minerals.com/juan-jose-quijano.html
Share Structure Information
Alto De Lipangue Joint Venture Status and Updates
Recent Developments Regarding Alto De Lipangue Joint Venture | |
February 11, 2012 | Cerro Dorado holds Shareholder Informational Meeting in Las Vegas, NV shortly after the Medinah Minerals Informational Meeting. The company discloses that claims totaling 1170 hectares are being negotiated to be included in the Alto de Lipangue Joint Venture, currently in its finalization stages between Medinah Minerals and their soon-to-be-disclosed JV partner. Cerro also confirms that the outstanding debts accumulated since the last debt payment is $571,000. This debt will be paid upon receiving cash from the joint venture. You can watch the Shareholder Informational Session at livestream here: http://www.livestream.com/theminingplay/video?clipId=pla_e60b5d63-5a84-43c9-ab32-2cc1f991abef&utm_source=lslibrary&utm_medium=ui-thumb |
Cerro Dorado reports that the London Group experienced serious financial setbacks in Europe and do not have the necessary resources to proceed with this project at this time, but want to stay in the picture if their circumstances improve. JJQuijano is working with several new potential joint venture participants, assisting them in their due diligence, both in formal meetings and visits to the Fortuna de Lampa property. | |
Cerro Dorado reports that the London Group has reviewed the proposed LOI which is now back with their attorneys. The proposed agreements calls for an end price acquisition of an 85% interest in the claims of $50,000,000 (fifty million), with staged cash payments over a 36-month period and a substantial exploration budget. | |
Cerro Dorado, Inc. reports that their properties on Alto de Lipangue will no longer be included in the Lipangue JV, as requested by the JVA partners. Prior to this announcement, Cerro Dorado's properties were combined with Medinah Minerals' properties to include the entirety of the Lipangue complex. Negotiations with a "London Group" have progressed and a "proposal for the acquisition" of Cerro Dorado, Inc. (Chile) SA property has been completed and a formal Letter of Intent should be forthcoming shortly. | |
Cerro Dorado reports that the JVA partner is finally able to move ahead with the JVA funding provisions. | |
Cerro Dorado updates that they anxiously await word of the transfer of the funds necessary to complete the JVA. As reported in previous communications the Company has completed all items and documents required. | |
April 8, 2011 | Cerro Dorado reports that they are still waiting to receive affirmation that the transfer of funds, the last step necessary to finalize the Joint Venture Agreement, is completed. They reaffirmed that Cerro Dorado(Chile) and Cerro Dorado, Inc. (USA) in partnership continue to maintain all mining claim properties in good standing. All relevant taxes are paid and up to date. |
Cerro Dorado reports that they received written documentation that the first tranche of funds, necessary to complete the initial catalyst part of the Joint Venture Agreement, are finally in the last stage of transfer to the Company bank account. | |
Cerro Dorado updates the status of the JVA delay and reiterates that the JVA partners continue to reassure management that all the terms and conditions of the Joint Venture Agreement are fine, and the delay in funding is their internal matter. | |
The company reports that Management continues to work "on a daily basis" with the Joint Venture partners to finalize the initial transfer of funds. Required answers have been documented and provided to the various Governmental and Banking authorities and the formal process is proceeding. | |
The company addresses the reason for granting the extension to the Joint Venture consortium specifically in regard to the deposit of the initial funding only. The JV partners indicate that compliance with all applicable banking laws, taxation and regulations has taken longer than expected, but anticipated completion steps are moving forward positively. | |
The company announces that JJ has granted the JV partners a time extension to complete their initial funding deposit. The JVA partners emphasized their difficulty with legal and banking requirements causing this unexpected transactional delay. | |
December 28, 2010 | Cerro Dorado provides a website update where they've reached the finalization stage of the JVA and are expecting the initial tranche on or before January 15, 2011 |
Cerro Dorado properties, all located on the Alto de Lipangue plateau approximately 8 km to the west of the small town of Lampa and 30 km northwest of Santiago, Chile. Access to the property is via the gravel road between the towns of Lampa and Til‑til, through the Hacienda Mercedes at Chicauma. The original claims known as Lonco Millarepu 1‑60 which are adjacent on the west and south to claims owned by Medinah Minerals, Inc. In 2006 and 2007 the land base has been expanded by over 300% and the mapping and sampling program in late January 2007 accessed the new land packages and new occurrences. Cerro Dorado now owns 2,220 hectares on the Alto de Lipangue plateau and is currently in negotiations to joint venture these properties separately from Medinah Minerals which is approaching finalization of its JV.
Claims Group | Hectares | Description | Picture |
Lonco Millarepu 1-60 | 270 | The Lonco Millarepu 1-60 mining claims (mensura) were purchased by Cerro Dorado Inc. in April 1999. The vendor retains a 20% Net Profit Interest (NPI) from production to a maximum of 5 million US dollars. The claims are rectangular and extend 3 km north-south and 900 meters east-west, bordering claims from Medinah Minerals, Inc. on the west and south. | |
Fortuna 61-120, Colihues 1-40, Antonio 1-20 and Columbo | 900 | These claims to the East of Lonco Millarepu were purchased in 2006. These appear to be former Medinah Minerals claims as they were listed in ACA Howe's 2001 report on the Alto de Lipangue property for MDMN. This significantly increased Cerro's footprint on Lipangue over their original claims group. | |
Columbo I-IV | 1050 | Purchased July, 2008. These claims border Cerro's properties to the North. |
Dr. Jim DeCosta's Valuation Considerations For the Alto de Lipangue Deposit
At the 2008 Annual General Meeting, Dr. Jim Decosta who next to JJ Quijano is probably the single most knowledgeable shareholder on the Alto De Lipangue property, as well as an expert author on the subject matter of naked short selling in the stock market, gave a very lucid presentation on his assessment of the company's property in Chile. Dr. Decosta offered to shareholders copies of his independent treatise, which explains the numerous difficulties for a junior mining exploration company to secure a joint venture agreement with a major. His in-depth report also articulated property valuation criteria and specifically addressed the company's holdings at the Alto de Lipangue location. This report is a must-read for all prospective and existing shareholders as it compiles nearly all of the due diligence on the ADL properties into one comprehensive document.
Satellite Imagery Report of Sr. Clemente Sepulveda Perez (Remote Sensor Analyst) Translated From Spanish
In February 2007, Medinah Minerals, owner of claims adjacent to Cerro Dorado's properties on the Alto de Lipangue plateau, disclosed the results and conclusions of a recent satellite imagery report performed by Clemente Sepulveda Perez. Sr. Perez was retained by both CVRD of Brazil (now referred to as "Vale") and also by BHP-Billiton for their due diligence measures in regards to the Lipangue property complex. The most significant of his conclusions are listed below:
1- "In this sector of study they are located; a deposit that can be classified like of type PORPHYRY OF COPPER-GOLD (in the zone of the plain of the Alto de Lipangue) and, in addition, a PORPHYRY OF MOLYBDENUM-COPPER in the contiguous area immediately located to the south of the previous one."
4- "The volume of identified mineral resources to date, reaches already to SEVERAL HUNDREDS OF MILLIONS OF TONS, mainly assigned to the added porphyries and skarn together."
7- "All the aforesaid samples clearly show that we are, as opposed to an old and famous mining district here, that today presents/displays a potential of resources, with which can without a doubt be classified WORLD CLASS."
Summary Geological Evaluation and Exploration Report By Terrance Smithson (P Geo.)
In April 2006, Terrance Smithson (P. Geo) for Tera Ex Engineering was commissioned to perform a summary geological evaluation on the "Lobo Solitario Project" (Cerro Dorado's properties on Alto de Lipangue) and the Lipangue Breccia Property for Medinah Minerals. According to the report, "Tera Ex Engineering Corp. was commissioned to research, evaluate, update and recommend a new exploration project based on A.C.A. Howe Limitada 43-101 statute reports 1999-2001 by Robert Cinits P.Geo. On the Lobo Solitario project for Cerro Dorado, Inc. and the adjoining Altos Lipangue project of Medinah Mining, Inc., the 2006 program included the planning of a new road system access to the south on newly attained staked claims including the Carrizo and Concordia molybdenum deposits were being constructed to the south highway at Lampa. A new regional exploration model is being proposed and new recommendations and exploration budget 2006 is presented in this Summary report."
The following are some excepts from Smithson's report:
NEW GEOLOGICAL EXPLORATION PROGRAM USING A PORPHYRY STYLE MODEL
Video Tour of the Property is available here
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