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It has nothing to do with brokerages. If someone is counterfeiting your shares, and you have proof, it's a fiduciary responsibility to try and stop it. If the company had provided proof to the SEC and DOJ of the crime and nothing was done, I'd be in agreement with you. But to ignore it or not make the effort to make copies of brokerage statements at the shareholder meeting or to have your T/A supply the information to prove the ? Sounds like a major disservice to the company and all the shareholders.
This will be my last response regarding the abusive NSS inflicted upon MDMN.
"It will be taken care of in due course; begining with the deal on the ALTO being signed, funded, and announced."
FACT
So I guess you can't explain the company's reluctance to put an end to it either. Puzzling, No?
Gotta love the "We're going to tell all of YOU and YOU should contact your brokers and the regulators to tell them about the NSS. WE have proof that OUR shares are being COUNTERFEITED, but we don't want to share it with the people that could stop it". Funny stuff, that.
Kezzek,
By reading your posts today, I believe you honestly do some research and study regarding abusive NSS crimes. Dr. Decosta's immense working would be an excellent start; his considerations concerning MDMN may be of particular interest to you since you have made it a key point of your posts as of late.
It will certainly give you a deeper knowledge of the MDMN Board of director's position regarding your thoughts and concerns!
Throw
JJ And The Scrutineers sure got 'em riled up with the NSS gag again! Oldest pinksheet ruse in the book.
I of course remain all ears as to why any company with proof of massive counterfeiting of its stock, creating potentially thousands of shareholders who think they own a piece of the company, but don't, would remain silent to the authorities who have the power to stop it?
Bueller? Anyone?
Actually, if there's been multiple entities, counterfeiting MDMN shares with impunity for years, and the company is aware of it, but has turned a blind eye, success (if Brigadoon does emerge from its slumber in 2012), will only worsen the situation.
And while it's true that since there is not likely any NSS at all in MDMN, it has nothing to do with their business, it does provide a convenient distraction for the company, which 10 days after JJ supposedly arrive to sign a contract, has provided no updates on the situation.
As Dean would say, it may be time for a new carrot soon.
I couldn't agree more!
It is what it is, and it isn't what it isn't...
But above all:
MEDINAH MINERALS IS!!!!!!!!
Of course what you just quoted was a statement that he made specifically regarding people he has spoken to and their feelings regarding the NSS situation with MDMN.
BUT, WHEN YOU SAY THAT THESE 2 STATEMENTS ARE EQUAL I WILL WHOLEHEARTEDLY DISAGREE;
"A lot of the people in the securities law industry think the naked short selling attack on Medinah was one of the most heinous attacks yet."
AND
"Decosta claims he has friends in securities who say that the NSS attack on medinah is the most heinous attack they have ever seen."
He NEVER mentioned "friends" and that is a significant distinction. As you may or may not know, Dr. Decosta has spoken in front of numerous committees as an authority on abusive NSS. If you aren't, I'm sure a nice full study regarding his entire body of work may be in order. Alone, Dr. Decosta can legitimately be considered an AUTHORITY regarding abusives NSS, and he has a particular understanding of it regarding Medinah Minerals.
I hope this helps to further your knowledge base regarding Medinah Minerals!
That's a silly question, but i'll answer nonetheless.
The BOD held certified "proxies" for 647,000,000 shares (I have no idea how many of those were "owned" by the BOD, nor does that matter), so in essence there was no "voting" going on. The BOD controlled the outcome of the vote from the start, but the whole process had to be completed according to the laws of Nevada!
So, there was technically no need for us to raise our hands in agreement (but shareholder's did have to second nominations, etc...)
Certainly dissent would have been duly noted and considered, but none was brought forth. There was even an open call for anyone to nominate someone to join the BOD, though none were tempted at the thankless job (in case you were wondering if we were being "forced" to follow the board or any such nonesense)
So no counterfeit shares were voted, no need...
Does anyone know the closing price for MDMN today? Would you say that is an uptrend or downtrend based on the last several months? TIA
Uh, okay. What you said.
Do you by chance know what the closing price was for MDMN today?
Thanks in advance.
P.S. was the closing price anywhere close to the closing price at the end of June, July, Aug, Sep, Oct, Nov, Dec of last year?
believe what you want, I really don't care one way or the other.
Public? The SEC had the data? Really?
So the company didn't report the counterfeiting to the SEC, the DOJ or FINRA because they assumed that one of them would pick up on it from the "public availability"?
And when no action was taken by anyone 10 years ago, instead of contacting one of the agencies or alerting the media to this illegal activity, they decided to ignore it and wait to "show what they could be"? Meanwhile, they've allowed more and more shares to be counterfeited for more than a decade?
It just doesn't sound very believable, or for that matter, very prudent, to me.
S/hs may have to get involved again. Go to the videos where they discuss the divvy. They mention that s/hs might have to get involved with their brokerage. As I've stated before I ended up going head to head with the compliance officer at my branch office and they refused to give me my div even after I proved that I owned the stock in time for the div date. They had that info already anyways, they were just trying to prevent me from collecting because they were on the hook to buy stock for my div because there wasn't enough restricted div shares to go around because of the ns. Les and Ken Tashuk(I believe) went to bat for me and forced my brokerage to buy shares for me. I still get the cold shoulder 11 years later at my brokerage. Just because its the right thing to do doesn't mean brokerages are willing to do the right thing. They don't like losing a cent.
All that info was public. The sec had that data at that time. Didn't matter. The value of an illegal ns means nothing especially if you're a pinkie and your company isn't worth anything. Doesn't matter what the potential value of your co is worth. Your value has to be tangible not "what could be". That's why everyone's focus is on gettin the deal done.
EX
BINGO. It's about the deals, and not NSS. Announce the deals, provide the details and let the SP adjust accordingly!
Amazing we have kept .16, isn't it. Imagine what the sp could do if the deal is anywhere near what some think ? Wait, they told us about the alto deal, which can only mean the SP goes KABOOM once we all know who the partner is and money indabank! Tic Toc all, tic toc!
YOU had to contact the SEC and AG? ROFLMAO.
The company had, and has PROOF that there are hundreds of millions of counterfeit shares in the market but THEY won't share it with the DOJ or SEC? Does that sound believable to you?
Were you around for the 2001 div,name and cusip change, and micro r/s? I was. What do you think all of that was for? All of that was for the regulators. If you weren't around for that, then you missed all of the discussions about the ns and proving it with the above. The ns position in this stock is old hat. Shareholders were urged to contact their respective State Atty generl, compliance officers, the SEC, at that time and demand a buy-in. I did all that. Did you? I still have copies of all my communications. Nothing happened. The regulators weren't interested. That's why the target is focused on completing a deal, proving up the mountain and going forward. The ns position is side dressing, not the main course.
Of course you can do something about it. Simply providing proof to the SEC and FINRA would have them immediately step in.
Could you explain to the board why MDMN would NOT do that ???
You seem to be now conceding, and then
using, the issue of "Even with all the Naked Shorting of MDMN there is nothing you can ever do about it"...
...to spite the current shareholders.
Could you please explain to the board why you would do this?
TIA
Jeff Smulterer
Ps Ex Blockman, if Naked Shorting of MDMN is not an issue...then why is it an issue? Why is JP Morgan being investigated for illegaly Naked Shorting Silver, and why is Silver mired at a 50:1 gold ratio? Counterfieting of MDMN stock is an issue, and when it stops, then it will be not an issue.
You all have got to move on with talking about NSS. MDMN's business has zero to do with NSS. I notice that many attempt to keep the topic on NSS. The real topic here is Lipangue, LDM, Ciclon #1 and #2, along with other properties. It's interesting that the focus always drifts back to shorts. Who gives a crap about the shorts or those that assist them. Real shareholders know what we hold, what MDMN is all about, and what the Lipangue project holds.
Are we at .0001? ROTFLMAO!
Try not to spend too much time straying away from the real subject matter of MDMN, the gold, silver, moly, copper and iron ore. Have I mentioned that MDMN is now a capital company? We have a deal, and the deal is done.
You all have a great weekend!
Really? Funny how they have never mentioned proving the massive naked short position to regulators, if, as you say, they've had that proof for a decade.
Doesn't allowing people to counterfeit your stock for more than 10 years suggest you don't care that it's happening? JJ is going after "Bogden" for a fraction of what the company knows others have counterfeited? Sounds a little callous, no? Isn't that like saying, "I'm going to make sure I get my shares back, but the stockholders who think they hold hundreds of millions of shares, but really have counterfeit ones are on their own"?
Just doesn't add up for me.
So either the company really can't prove there is a large naked short position (which should be easy if they have shareholders willing to provide brokerage statements showing far more than the float, or the T/A simply provides the info) OR they have proof, but don't want it exposed, which may actually be worse for shareholders as it allows more counterfeiting to take place. I welcome other possible explanations, but "they don't think anything can be done about it" doesn't cut it for me personally.
You actually don't know what they've been doing. If they haven't done anything it's probably based on the results of the 2001 divvy--Naked short proved beyond any doubt--but the regulators did nothing to stop it nor to order a buy in.
You sound like you have similar views to Dr. DeCosta? Do I miss something?
Riddle me this? Who's on the MDMN mail list that they felt that it would be enough to do a mass emailing for pr? I'm sure les and greg and the bod knows we are going to need a lot of volume/new buyers. But on the video whoever it was talking(greg or les) seemed pretty comfortable with an emailing doing the trick.
look at all that volume going through
LOL. Guess my batting average for the day is ZERO and for the week is ZERO and for the Month is ZERO and for the entire time I have owned this stock is not much for than .050!!! Hey, but then again, their is always nahhhhhh nahhhhhh nahhhhhhh eeeee xxxxxx tttttttt we we we we eeeeeeek!
So far .16 cents of 2 mill traded is really good
I would love to see that but don't think that will happen need that PR
Yeah but you have to keep in mind that last year they didnt have 15,000 hectares under management.
Didn't type of story now.
Working with large contracts with the government these things take some time. Now through in the public trading part of it and it only gets more convoluted.
JJ has the knowledge and the know how to get this done.
would be surprised if volume is not at least 2-3X where it is now at the close!
Chart shows it's priced close to where it was last June, when there was a done deal, and just waiting on $$$.
Four months from now, will all be happy?, or could we still be waiting on signatures, name of partner, and $$$. If the latter is the case, I expect to see last Octobers low's tested
I'm thinking Powerhour will get very interesting
Worse than that, the BOD supposedly has PROOF of hundreds of millions, perhaps a billion in counterfeit shares of its stock in retail accounts and has done nothing to have the SEC or FINRA investigate. They may be allowing more counterfeit shares to be sold even today.
It's astonishing to me that they would not try to put a stop to this, if, as others have reported, they have the proof, yet have not turned that proof over to regulators. Why not?
Majority of the shares (647 million) were voted by Proxy, per Director Larry Regis. Had the chance to chat with him at the meeting, quite impressed with they guy.
We can break .1690 see yea NSS!!!
NSS I hope you like your pennies !!!¢¢¢ ..................we get $$$ 1,000,000s
Can't wait for those .0001's. . . You sure the chart is correct ExB? I think the chart is a scam too. ROFL!!!!!
After some review I am confused.
Did the BOD allow counterfeit shares to vote at the meeting ?
I will watch both meetings in full over this weekend (I'll have the time to do so then) until then any comments or explanations will be appreciated (esspecially if you attended the meeting).
Thanks in advance.
Hmmmm... I don't see Dr. Decosta's name in this post. How do we know that Brecciaboy is Dr. Decosta? Thanks in advance. I've never had Chilean Red, but I do like tea made from fresh tea leaves.
from decosta himself
"
A lot of the people in the securities law industry think the naked short selling attack on Medinah was one of the most heinous attacks yet. "
google the quote, it brings you straight to brecciaboy (who is decosta). I did get the part about them being his friends wrong though, which is even worse. People in securities law that he doesn't even know are making such wild claims, yet the rest of the word knows nothing about it. In any case, the leaves were right once again about this week, and they are forecasting another bust for next week. As long as the PPS holds, the carrot game can go on forever without much complaints. I heard there are no delys, even if they took all week not to sign the contract. Apparently they are preparing to sign, but the chilean red is slowing everything down
I could not agree with you more!!! Methinks something is brewing in Medinahland! LOL.
I would like to extend my thanks to those who directed me to the research of Dr DeCosta as it relates to MDMN. I have been wondering how a few hundred shareholders could own over 1 Billion shares of MDMN when there is only 711 Million outstanding. I believe Dr. DeCosta has uncovered the key. Thank you to those who brought Dr. DeCosta to my attention. I'm in the mood for some tea now.
could care less about nss at this time. Let the deal speak for itself, and everything else will come together in time.
I never said that it was reported to any regulator, but the number of shares represented at the meeting was reported by the BOD and is on record in the meeting minutes. So I want you to report to the regulators that in your opinion MDMN is spreading false information to the sh. Please we need your help to stop this noncence about NSS once and for all. I do not however think that you will it may open up an ugly bag.
Shorts are having hard time too find shares!!!!! Let's GO $MDMN!!!$$$$
I agree HR
Although I suspect we will start to see some big block buys from now to the close.
I buy physical gold and junior miners that have rich deposits in the ground. I have done extensive DD on MDMN. I have bought millions of shares in last 90 days. Some folks have not a clue how rich this mountain is. I have gone through this company with extensive research. Less than 36 people own 100% of the outstanding shares, yet there are well over 7,000 shareholders. WOW This is going to be an "E" ticket to heaven. This company has a value of many dollars per share once their partner discloses and begins drilling. Let's see what a real junior miner can do when they got the mountain. This is a future mega mining company...certain to be one of the largest in Chile.
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For more information on Medinah Minerals for shareholders e-mail: mdmnshareholder@gmail.com
Basic Company Information |
Business Description |
AURYN is the owner of the Altos de Lipangue (ADL) project, comprising over 10,500 hectares. The ADL is adjacent to Lampa, Chile and about 30 kilometers northwest of Santiago, Chile. MASGLAS, AURYN’s parent company has an executive summary of the ADL Project and further details can be found on AURYN’s page.
Share Structure Information
Prior to owning shares in AURYN, MEDINAH was an owner of several of the mining claims that were part of the ADL. For a number of reasons, including multiple owners of ADL claims, the former management team of MEDINAH was unable to significantly advance the exploration and development of the claims it had a partial interest in.
With the assistance of AURYN, MEDINAH secured 100% ownership of its claims in October of 2013. Subsequently the former management team continued to work with AURYN and recently closed a sales agreement that allowed AURYN to consolidate the entire ADL mining district and provided MEDINAH shareholders with a 25% equity stake in AURYN Mining Chile SpA.
Key ADL Project Points
The Alto de Lipangue plateau's claims consist of a gold, copper, silver and molybdenum complex of approximately 10,000 hectares located along the Andes coastal mountain range approximately 35 kilometers NW of Santiago, Chile in the Metropolitan Region of Chile. Medinah's Lipangue claims are believed to encompass a large copper/gold porphyry as first confirmed by Gordon House, former (dec.) P. Geo of Medinah, as suggested by independent geological analysis provided by A.C.A. Howe on the property and the Satellite Imagery Report by Clemente Sepulveda Perez (contracted by Vale and BHP Billiton). It is of significant note that Perez concluded in his report that "2 PORPHYRIES ARE PRESENT AND A VARIETY OF MINERALIZATION TYPES WERE IDENTIFIED. AT LEAST "HUNDREDS OF MILLIONS OF TONS OF RESOURCES" ARE PRESENT IN THE UPPER PARTS OF THE PORPHYRIES AND SKARNS. HE CITES THAT THIS IS WITHOUT A DOUBT A "WORLD CLASS" DEPOSIT."
Key Points of Alto de Lipangue:
1) Approximately a 140 square Km (according to C. Sepulveda Perez) area of landholdings.
2) 18 holes drilled to date identifying an approximately $[2] billion "measured resource" at today's prices (July 2011). This "Gordon" breccia pipe is open in all directions, measures 80-meters in "True width" and dips to the south and east.
3) A second breccia/skarn discovered at the northern aspect of the Lobo property of Cerro Dorado, Inc. "Containing upwards of 3% copper, plus gold, plus moly". The Northern Lobo breccia/skarn outcrops over 1,000-meters in length and 80-meters in width over a 400-meter elevation range from 1,300 to 1,700 meters. This was described by its discovering geologist at the recent annual meeting as "A major mineralized breccia pipe".
4) A "Stockworks" discovery has been identified by one of the visiting major mining firms southwest of the "Gordon" breccia pipe. No surface or depth dimensions are available yet to my knowledge.
5) A 250-meter by 250-meter "Bowl-like depression" (Suspected breccia) near the airstrip bordering the southern Alto and Lobo (Cerro Dorado) properties. This depression coincides with very favorable geochemical sampling as well as Induced Polarization findings of "High resistivity" (heavy silicification from the presence of quartz which often is associated with gold) and "highly polarized" indicating the presence of sulphides often found bonded to various metals. Surface sampling revealed 6-10 gm/tonne gold plus moly.
6) Three past-producing molybdenum mines on site near the 1,000 meter elevation level (the plateau is at 2,000 meters). This finding is very consistent with the thesis of a copper-moly porphyry as molybdenum typically concentrates at lower elevations near the outer aspects of the "Porphyry stock" (Lowell-Guilbert model). At the most recent Annual General Meeting of Medinah Minerals, Inc. Sr. Quijano noted that the molybdenum assay results in this area were approximately 10 times that of the average molybdenum mine. Medinah's head geologist brought samples of very high concentration moly containing rocks found near the Carrizo Mine adit. Native molybdenite looks an awful lot like graphite and has a similar "slippery" texture.
7) Many vein systems one of which, the Fortuna Vein (Cerro Dorado), averaged gold production values of 63.4 gm/tonne from 1940-1970. ACA Howe report suggests that these veins have barely been touched and remain mostly unexplored. Other veins include the Veta Rica, the Guarani, the Caren and the Veta Espanola.
8) Mineralized 80-meter wide shear zone found at Las Dos Marias. This has been traced at surface for over 700 meters before it dipped below the volcanic andesite layer. The 71-meter level revealed a 1-meter intersection measured by ACA Howe as containing 454 gm/tonne gold.
9) Copper skarn/manto discovery at Las Dos Marias on the eastern flank of the "Quebrada Durazno" ("Peach gulch"). The junction between the low sulphidation gold-copper porphyry and this skarn has been identified.
10) 40 Km of roads recently built and/or refurbished. "Road cuts" into the side of the mountain throughout the property reveal mineralization nearly ubiquitous in nature. This is especially true at the "North" road (Cerro Dorado) with its 24 "switchbacks" cut into the mountain side revealing copious amounts of mineralization.
11) Many, many kilometers of adits (horizontal tunnels), chimneys, trenches, shafts, etc. completed over the last 30 years.
12) Tailings piles from artisanal workings average 5.3gm/tonne gold.
13) Close proximity to the Ventanas (Codelco) and Chagres (Anglo American) smelters.
14) Close proximity to the seaport of Valparaiso.
15) Close proximity to a major electrical grid west of Lampa.
16) Close proximity to Santiago (approximately 37 Km)
17) Relatively low elevation of 500 to 2,000 meters with water issues much less severe than the Andean or Atacama Desert porphyry mines at higher elevations where ACA Howe reports the infrastructure to be "basically nonexistent". Water issues, electricity issues and natural gas issues at the higher elevations are a huge problem that might curtail copper production and buoy prices and the attractability of discoveries at lower elevations.
18) Roughly estimated average of $100/ tonne "Rock" containing copper, moly, gold and silver.
19) Extremely roughly estimated ore body size of 800 million tonnes (Via crude extrapolation of an average-sized copper-moly porphyry and an average-sized copper-gold porphyry).
20) Host country of Chile considered by many as the safest and most mining-friendly country in South America if not the world.
21) Over a dozen major mining firms have shown interest by making repeated site visits and signing non-disclosure agreements (NDAs).
22) Porphyry discoveries are considered very homogenous and not likely to present any shocking disappointments as to size and/or grade. Their grades are not supposed to be spectacular. They're known for being huge and of moderate to low grade. They are the target of choice for most mining companies due to their long mine lives.
23) Codelco (the Chilean government's mining arm and largest producer of copper in the world) recently staked the properties contiguous to the south where they recently embarked on an airborne geophysical study.
http://www.medinah-minerals.com/photo_gallery.html
http://www.medinah-minerals.com/images/gallery/tunnel-breccia.jpg
http://www.medinah-minerals.com/images/example_coarse_gold_recovered.jpg
http://www.medinah-minerals.com/images/gallery/01-Los-dos-Marias-adit.jpg
http://www.medinah-minerals.com/images/gallery/copper.adit.2008.jpg
http://www.medinah-minerals.com/images/gallery/copper.adit.inside.2008.jpg
Video Tour of the Property is available here: http://www.youtube.com/user/Medinahshareholders
Map of the property can be found here:
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