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Sterling - Question for You
A little OT, but you remember SOCU, don't you?
Did a 1000 to 1 reverse split a few years back and changed to GMUI.
All I had was about a shot glass full.
Lost it's pulse for quite a while.
Changed from oil to gold.
Today they brought out the paddles and shocked it!
Maybe all this one needs is a little "shock" treatment. lol
Definitely set sail on the waves of recovery.
Let me know what you think.
TIA
CORRECTION! It was AUG 27 Update:
Shareholder Update
August 27, 2013
DonD: "We are extremely pleased to announce..." THANKS
Yes, I (and I believe other shareholders, as well) welcome the company's movement toward timely accurate information being released in updates and future NewsWire releases. It helps move our investment here forward. I'm reposting my comment from the earlier Sept. 4 Shareholder Update at the urging of a PM I received. These newer updates and releases under Dennis Tenney are a step in the right direction welcomed by all.
RD759 - Yes You Are Correct, Of Course!
Not what many here want to be hearing.
Major and Junior Mining companies are near a bottom, according to many chartists.
Alert With Information - AWI
Exactly right JP ... my Bad!
Thanks for the correction, although a little overboard for an inadvertent slip that HR correctly and expertly explained in detail in response to your comments. Thanks HR!
Lapse from late night memory if you were following my entire thread where I had the exact quotes highlighted (with a few more added tonight). So I'll repost, with the correction. Tell me again if you think it was germane to what I expressed concerning the 2007 Satellite Report of Clemente Sepulveda Perez:
Results From 2 Translators
Spanish to English
and
Bottom line :
Yes, I underlined the correction in the 2nd quote of my thread.
Did you really think it changed much of what I was emphasizing?
Invested in the Mountain
... and That's What Counts!
easy
JP - Who's Foolin' Who?
Beth, I'll just say Good Night!
Beth, "...square kilometers does the Atacama Desert encompass?"
The Atacama Desert covers an area of 181,300 square kilometers.
No, but I sure like Conclusion #7! lol
How Many Square Kilometers Included in Howe Report?
How many Square Kilometers are the ADL Claims now?
Do the Math:
Thanks JP, I'll Take That as a Compliment!
CMIIW
Just keeping to the facts:
http://www.medinah-minerals.com/pdf/geologic_june19.pdf
Invested in the Mountain
... and That's What Counts
easy
so ... "Why didn't they?"
At the time of the Howe report which you reference:
SHAREHOLDER UPDATE - Thanks for Posting HR!
Beyond all the nefarious fear mongering conjectures, I think the explanations are really simplified into two major points. No more forward carrying interest notes in the way of one-sided loans to JJ for accountants to explain. Simply stated, it satisfies reporting requirements of publicly traded companies as it cleans up any grey areas of one public (MDMN NA) and one private company (MDMN Chile) trying to explain who paid what and when. Simplifies all the financials to one company reporting under:
Beth, Really? "The first thesis was interesting."
Of course it was ... It Was from Berkley! lol
... and then you go on to say:
Beth, NOT JUST ONE MAN's OPINION
The SBA may have had good intentions, but it was an unmitigated disaster and death knell for many smaller companies.
Audited Financials for all “Penny” Stocks…Really?
I see keep seeing a repeated “mantra” for all stocks under 5 dollars, including “cent” stocks to have audit financials. Facts, not fiction or wishful opinions, say this is sheer nonsense for small companies. How about some reality here?
Dear Medinah Shareholders:
Medinah Minerals, Inc.
Shareholder Update
Chile Business Trip
May 28, 2013
Dear Medinah Shareholders:
Upon the termination of the Amarant Mining/Johan Ulander Purchase Agreement, real alternatives for meeting with potential partners and development of new monetization options for the Altos de Lipangue mining claims needed to be expedited.
Legally bound by the very restrictive July 10, 2012 contract the Medinah Mining Chile company could not contact, inform, engage, or feature in any business representation/negotiation with a potential/interested party until the date of May 11, 2013.
Medinah Minerals, Inc. Trustee and Board Director then travelled to Chile over a 10-day period between May 13-23, 2013.
Prior to the above-referenced Agreement, several notable mining concerns had visited and displayed serious interest in the Lipangue properties. Each of the parties were re-contacted, meetings were set and discussions reopened. Medinah Mining Chile’s intention(s), with Medinah Minerals, Inc.’s (MDMN) concurrence, is to negotiate a new definitive agreement involving an upfront monetary outlay requirement as well as fund a significant drilling and exploration program to more fully evaluate the ADL exploration/exploitation potential. During the trip, representatives of several regional and international firms, including their mining engineers and geologists, toured the Lipangue claims. The visiting company representatives and their mining colleagues also visited the Las dos Marias claims. This was important due to the fact that the Compañia Minera mining project had opened up several additional adits into the mountains interior. During this time sequence, government mining officials inspected Minera LDM's exploration/exploitation activities and required Minera LDM to add two vertical chimneys to surface for escape and ventilation, add more timbering of adits and other mining safety protocols. Minera LDM is now recognized as a fully compliant mining operation relative to Chilean Ministry of Mines safety and environmental standards. As of this writing, LDM has completed over a mile of tunneling through the additional adits following homogenous vein structures. The interested parties were able to view and evaluate the physical evidence of exposed manto-type mineralization associated with porphyry-skarn complexes and clear indications of numerous epithermal feeders of chalcopyrites, chalcocites, pyrites, and bornites. The visiting parties requested details of previous exploration results of the Altos de Lipangue properties, including the 28 diamond drill hole program conducted by Gordon House, P. Geo, all A.C.A. Howe International reports, geological mapping, IP surveys, petrographic analysis, geochemical surveys, sampling(s) as well as all Certificado of Analisis' from the present LDM mining operation. All requested documents were processed to the four different parties with the admonition to present offers as soon as possible.
It is the intention of Medinah Mining Chile, with full concurrence by Medinah Minerals, Inc., to not be burdened by obtrusive and restrictive Non-Disclosure Agreement (NDA) provisions as in previous contracts, so as to allow for more transparency regarding contract Terms and Conditions.
Medinah Mining Chile and Medinah Minerals, Inc. representatives also discussed the need to explore and capitalize on all avenues of potential cash flow options from the Altos de Lipangue claims. The parties visited the most accessible plant to the Altos de Lipangue claims and Las dos Marias mining operation. The name of this recently upgraded processing plant is the Minera San Pedro Limitada. This plant is a very modern plant operation located near the town of Til Til, approximately 15 kilometers north of Lampa, Chile (see pictures in photo gallery). Of note, Chilean President Sebastián Piñera, personally visited the San Pedro plant and proclaimed that their operation was a prime example of environmental ingenuity. The San Pedro plant is an Enami recognized technology and transferring facility for producers of copper metals. (See the attached YouTube presentation).
As Compañia Minera LDM has continued stockpiling various high and lower grades of copper and gold ore, they joined in the discussions at the San Pedro plant to possibly handle their shipments of copper ore, rather than the much longer distance to the Enami processing facility. By processing at the San Pedro plant, Minera LDM can insure the required high concentration of metals for sale to Enami via the San Pedro Limitada processing operation. Alternative plant owners were also contacted relative to the handling/processing of the high and lower grade arsenopyrite gold ore shipments. Processing contracts are presently being formulated with each of the parties.
The LDM operation is currently focused on two goals. The first being the exporting of the high grade copper component for the purpose of cash flow production. The second is the continued explore/exploit of the actual intended target of the high-grade gold enrichment zone encountered by DDH-002. It is anticipated that this target will prove to be a super-enriched zone of high-grade, gold-bearing ore. In published documents, DDH-002 drill results had encountered a 2 meter section of +7 grams/gold at 40 meters and the higher-grade section of +100 grams/gold over 5 meters starting at the 65-meter station. Winching to reach the DDH-002 target areas is in process and results will be reported. This targeted high-grade gold material, if consistent, will produce significant cash flow to fund operations, anticipated drilling, and to further define the exploitation goals of the LDM discovery.
Medinah Minerals, Inc. was awarded a 30% free carried interest, without participation costs, in all net production profits from the Compañia Minera LDM mining operation. As well, Medinah Mining Chile has a 20% interest in Compañia LDM which also adds to Medinah Minerals, Inc's, potential cash flow interest. Medinah Minerals Inc. will receive documented accounting of its cash flow percentage portion(s) on a Quarterly basis.
Further developments will be reported as they occur.
Gregory A. Chapin
Board Director
Medinah Minerals, Inc.
"Even a bankrupting of Medinah USA"
Who's this fear mongering ex-shareholder trying to scare here?
Surely not investors, who although frustrated at slow progress since the SHM, have seen steady progress with developments at LDM, and are hanging in largely due to multiple project advancements, and specific updates from Amarant:
http://www.amarantmining.com/1/post/2013/01/update-regarding-geological-work-in-altos-de-lipangue-chile1.html
Invested in the Mountain
... and I'll Take That To the Bank!
easy
$$$$
HR-I Should Have Added to My Last Post
I've been accumulating shares since Feb 2007, so I've seen more than my share of DIPS during the time I've been a accumulating shares in MDMN!
Invested in the Mountain
.... and I'll Take That to the Bank!!!
easy
$$$$
Neither a Flipper or Bagholder Here
Don't know why folks like to put labels on shareholders. Seems rather silly. The only reason to own a stock is to make money, and everyone has their specific style of realizing capital gains from investments. I don't have time to day trade, but I have invested in this company based on carefully researched DD, and the mineral wealth contained within the mountain. Over the years I have chosen to accumulate my position on a regular basis. I certainly haven't been a flipper, although if I were adept and had time for day trading, I would certainly have a much larger position. I certainly don't consider myself a bag holder either. Taking advantage to buy whenever the NUMEROUS DIPS have appeared has been a method that suits my chosen style of INVESTMENT. I appreciate the charts and DD that someshareholders have been kind enough to share with all over the years. We all have expectations of profit. It is the timelines and circumstances in life that differ.
Invested in the Mountain!
... and I'll Take That to the Bank!!!
easy
$$$$
Shareholder Update: As I was saying ...
Stay Tuned!
HR Thanks ... Commendable DD as usual! Your diligence these past few years is greatly appreciated, and much underrated by those who would choose to denigrate the company and management.
HR - Yes I'm Nitpicking!
... but indulge me.
It's my BD!
The correct term is pincer, as in the pincers of a lobster or other such crustacean. But, I get pincher, b/c it's the same movement your hands make to pinch. So much for my charting skills ..... and I couldn't be happier regardless of how it's spelled. lol
The charts you and ExB post are right on the mark.
Investors should know there's been some great DD on this board over the years showing Medinah, and recently, Amarant are the real deal.
Invested in the Mountain
... and You Can Take That To the Bank!
$$$$
easy
Reminds Me of a Post Quite Awhile Back!
I'll be laughing all the way to the bank for a very, very long time!
lol, lol, lol
Folks gotta love the slapstick put up day after day ....
Did someone say the Circus was coming to town?
[earlier quote in response to a poster]"As you have aptly pointed out, we are worlds apart on where we view this investment. I know where I'll be taking my view. I’ll just have to stay content with being invested in the mountain and taking it to the bank, even if it takes another 5 years. Where do you intend to take yours? lol
You did, however, fail to address the irrefutable fact below, or answer my question to you":
Quote:
“As you are aware, there is a very clear statement by the company that they are under an NDA. They have also clearly stated they have a signed JV. Time will tell. Will you be buying when the announcement comes?"[again – end my earlier quotes]
Will you be buying after the 1st, 2nd or 3rd announcements and PRs?
I am still quite content with my investment, and it is looking ever so more likely I won't have to wait 5 years! When you know what you own you won't be so quick to sell ...
Glad I didn't wait so long to buy, either! lol
Invested in the Mountain…
And that’s what counts!
EasyMillions
777 - Ditto That
A Gagged TA Doesn't Determine Success of Medinah
and has never been a central focus of shareholders, except in the minds of a very few. This should have been put to rest when you posted this, Karl:
Innuendo Does Not Constitute DD.
The share structure is what the TA has certified, and what has been stated numerous times, not the conjecture of a few here that pull "facts" out of thin air and imagination. Amarant certainly has done enough DD on Medinah Minerals to know exactly what the share structure is. A $180 Million purchase agreement isn't put together with less knowledge than those posting anonymously on a blog site.
easy
Is There News Yet?
Where's the Promotion?
When there is news ... There will be news
... and it will be good!
... then there will be Promotion
... and lots of it!
Until then, ACCUMULATE!
Invested In the Mountain
... and That's What Counts!
easy
$$$$
Not me! My order for 50K@0.018 Didn't Execute!
Low ball bid for support, in case MM shenanigans.
Had the order in for over a week now with ATurd.
MMs just messin' with any chartists here.
I've seen it on other penny stocks just before news arrives.
Hang in there. Scott will come through, and this will reward shareholders handsomely. Patience pays off in the end, when you know what you own.
ENAMI-The Chilean National Mining Corporation-Stay Informed
ENAMI(“Empresa Nacional de Minería”) was founded on the 5th of April, 1960, inheriting a long tradition of small and medium size mining promotion that started in 1927 when the Mining Credit Fund (“Caja de Crédito Minero”) was created.
Mission
ENAMI´s mission is to promote small and medium size private sector mining in Chile, by providing incentives aimed at correcting market failures, and supplying technical, financial, metallurgical production and trading services they require in order to be competitive.
ENAMI´s incentives and services enable small and medium size mining firms to access international metal markets, and thus to benefit from the better position of ENAMI to attain competitive “economies of scale” and “economies of scope”.
A central principle of ENAMI´s management is to balance developing promotion activities with self-financing restrictions, since the Company should not be a net burden for the Central Government Budget. In fact, Government benefits from a special 40% tax, applied only to public sector companies’ gross income, and net profits withdrawals (100% dividend withdrawal) which, certainly, tend to more than balance annual Government Budget contributions to ENAMI´s expenditure on promotion activities.
In order to fulfill its mission, ENAMI’s assets include one smelter, five processing plants, purchasing agencies, and a network of technical support and technology transference facilities, focused on some 2.000 small size private sector producers of copper and precious metals.
ENAMI provides loans, especially to small size producers, allowing them to explore and identify new ore reserves, develop and enhance their mining facilities, buy equipment, and reach adequate levels of working capital.
Production, purchasing, treatment, technical and financial support operations of ENAMI spread along seven regions in Chile, covering a large area from the coast to the Andean mountains.
ENAMI purchases ores and concentrates from small and medium scale producers, process them in the concentrating and SX-EW plants, and the smelter, and exports the proceeds as mainly cathodes and refined copper to international markets. Besides, a wide range of fostering programs focused on small mining are aimed at increasing their business competitiveness and sustainability.
"And the Party is Just About to Get Started."
Got that right! Accumulating a sizable position for 5 years, now.
Smears aren't going to hold this company back.
Acquitted of all charges says it all. Jury saw a clear case of entrapment, and throwing the book at someone they sucked in to a scam sting operation.
Sure it cost shareholders and the company. Set the drilling program back quite a few years, but allowed JJ to grow the mining claims from only about 800 hectares to something more than 10,000 hectares.
But as current shareholders know ...
If You're In, You're In
Invested in the Mountain
... and That's What Counts!
easy
Much has yet to be revealed
despite the phenomenal DD done by investors. The iBox is a good start, but dig a little deeper and the upcoming ADL drill project will open a few eyes as to just what is in store for shareholders and company revenues. LDM can only add to shareholder value. Much of the risk has been removed because of the facts we do know. However, until all companies officially announce the deal, and the PR campaign is started, it is premature to comment on the success or failure of just one of the known partners involved in the funding deal. Shareholders are confident of what resources will be shown by additional drilling and core samples. Time will tell where the pps is headed. Over the last several years we have seen pps grow from 0.04 to 0.125-0.14, and that says everything is moving forward, albeit slowly. Those getting in at this early stage will be glad see their dimes turn into dollars, IMO.
Just saying'
Invested in the Mountain…
And that’s what counts!
Easy
$$$$
AU-These investments can turn dimes into dollars ...
Jetpilot - Great Little Article!
Thanks!!!
Save, Invest, Speculate, Trade, or Gamble?
OK, so Casey's article is now a little over a year old, and I posted it a year ago:
WOW!
Current . Previous . . Gain
$0.125 . . $0.054 . . 76.06%
The Rocks are starting to Rock!!!
easy
Lovin' That 10% Divy!
Be Lovin' it even more come October!
easy
$$$$
Well, I Admit I Was Wrong
when I said:
Money - I agree
"It is in process and time will tell what that little piece of the mountain is worth."
The more Longs have done DD on the mineral wealth of the ADL and LDM claims, the more we Longs have accumulated over the years. Very few need to post and cheerlead for those who refuse to DD the progress and value added to the size of the mineral claims. Copper, Moly, Gold and Silver will tell the story when all is said and done. Paydirt will equal PAYDAY!
I'm extremely comfortable with my position, and don't need to check here daily to see what the latest news is. There are very few longs that need a daily progress report from iHuber's ... we've seen the value, PPS, and long term accumulation increase the past 3 years. As you said,
If You're In, Your In
That about says it all for this Long!
It's okay with me if some want to watch every movement and trade.
Everyone has their own style of what they're comfortable with.
Me?
INVESTED in the Mountain...
and That's What Counts!
easy
$$$$
Longs Know What They Own!
Longs have invested and accumulated for years, all the while having performed the necessary DD showing the mineral wealth of the ADL and LDM. May have been a long, frustrating time coming, but DD does PAY off HANDSOMELY when ALL IS SAID AND DONE. This DEAL is rapidly coming to FRUITION, and longs can COUNT on taking THAT to the BANK!
If You're In, You're IN
Invested In the Mountain ...
and That's What Counts !
$$$$
easy
An-FTD-By Any Other Name Is Still An FTD
Technically, you may be correct - the RegSho site lists daily short sales.
Consider however: