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STBV website.....
Old but still a website.
http://www.strategicglobalinvestments.net/index.html
There is absolutely nothing going on with MPIX. Spoke with someone yesterday who owns huge debt from MPIX and controls the company. The bitcoin rumor is pure BS. If you bought at .0006/.0007 you are throwing good money after bad. NOTHING is going on at MPIX.
That answer will be provided to you today......and if you don't like mpix you ain't going to like the answer. There's a new sheriff in town.
For those interested in the new drill holes, I was told some time ago that Medinah had lost control of their previous core samples and that those results were no longer valid. Therefore there were going to have to be additional holes drilled as part of any geologic DD done by an outside investor.
I was also told that the supposed JV partner had spent over $500,000 in their own DD of the property.
There is a very good possibility that these 28 holes are all new drill holes done by the partner to prove up the property.
Great idea for you VD....get off your DA and go do some DD on your own and figure it out. What a novel idea.
Thank you Lot. It just keeps getting bigger and better.
Ain't gonna be no working out their problems.....not wwith these two.
A little history.....
When this property originally started Juan held much less property than is currently controlled by Medinah/Cerro Chile. I am sure it was less than 6000 acres and in fact may have been much less than that.
When I got into this over 5 years ago I believe the total propety size was up to approximately 10000 acres. Since that time to the present the total size of the property has grown to in the range of 25000 acres.
When I went to Chile in August of 2009 I met with Bogdan Borkowski. I met with him for one reason only and that was to get all the information I could about what was going on in Chile. Bogdan is a former friend/business associate of Juan Joses' who was at that time in contentious arguments with Juan about a supposed unpaid debt. That debt has been settled in Juans' favor and Bogdan is no longer a pain in anyones' butt at this time. As far as I know.....
While I was in Chile I did find out that Bogdan had purchased all of the land surrounding the Alto and his goal was to force Juan to give him the Alto as payment for the debt. As I said that has been settled to Juans' benefit but I do not know if Bogdan still owns the surrounding property or not.
I would venture that if he does own the surrounding pro;erty he would never agree to sell. He knows how much it could be worth and probably has no intention of letting it go.
Billions.....many billions......there are so many short shares I doubt they even know the correct number.
What part of unaudited does an SC such as your self not understand? As a non reporting Nevada corporation they are not even required or expected to file any financial statemnt. That they if fact did speaks volumes for those who are investors in penny stocks.....which you obviously are not.
As for announcing the source of the trust deposit that will come after the announcement of the money in the bank. Now do I need to explain NDA to you also?
The key words in you reply were "discredited my analysis".
Later CS.....
You disproved......no you stated a poorly informed excuse for trying to discredit an unaudited financial from a lowly pink sheet stock that will eventually provide audited results to shareholders when capital is available.
Trust deposits do not have to have a long term shelf life. They can be be for as short a period as 30 days or longer at which time those deposits will convert to cash of hand. The primary focus is that the money belongs to Medinah and that additional deposits have been made to Medinah accounts and will be annotated on the March 2011 unaudited financial statement.
I can only assume you are in fact an SC as opposed to CWAS. That would explain the problem you are having understanding US banking laws as well as reading a very simple financial statement.
We are in hog heaven now....so many bashers and the hits just keep coming. Can't be to far away or the nay sayers wouldn't be here in such strength.
Les is not in the office today....his secretary would not tell me where he was....let's hope he's headed for warmer wx.
A little something for the know it alls.....don't believe everything that twits.........LOL
Anybody who swings Medinah in the next 3 or 4 days does so at his own risk. If you get out and the announcement is made that the money is in the bank.....you won't get back in.
I never said Les in anything I wrote and it because Les is not associated with Medinah USA he can say alot.....you don't get it do you?
As far as an announcement about the money being transferred it is my understanding that it should be done today or tomorrow. As soon as it hits the accounts I have been told they will make an announcement to that effect with details to follow. Then the real PR compaign will begin.
Who is sugar coating it? These people are pathetic. I know more about them than I care to. This is going to be done inspite of them.
The problem with Medinah shareholders is you think you're owed something.....you're not. This is a Nevada registered pink sheet company. They did that for a reason.
Because the MM's are trying to scare the crap out of you and everybody else who is weake kneed enough to sell......come on get with. the program
I think it's important at this point to remind everyone that Juan Jose Quiano is not doing any of this with the thoughts of shareholders anywhere in his picture.
This deal is about JUAN...and we are just along for the ride. Once the deal is announced and Juan's interest is separated from Medinah Minerals then it will be about us/Medinah. Until then don't get hung up on the lack of rhetoric.
The real point behind the small but pointed less than insightful Q&A they put out was the signed JVA. That was the reason for the notice. This deal was signed last Thursday in Chile and they hoped to do all of it together. Didn't get the money but didn't want to get stuck not announcing a material change so they went with the "signed JVA". Sure wish I had money to buy.
Indy, I prefer 18 year old Macallan and you're buying.....I can't be expected to do all the heavy lifting and pay for the booze.....can I? LOL
Let's see what the next day and a half brings. Look for it any time in the 24 to 36 hours. I think once they correct this BS the stock will move up again very well. There are always going to be profit takers and weak sisters. This stock has never been for the faint of heart.
What is this crap about me buying single malt scotch in Vegas? Ain't gonna happen. Time for some payback for all the time I have spent on the phone running this stock down. Oh.....banking glitch fixed. Money to hit soon...today or tomorrow (hopefully). Look for 1 liner saying money in the bank. Look for a series of announcments commencing soon there after. If you got scared an sold.....you made a huge mistake and probably ought to think about getting back in. Just my opinion of course.
Funk you will get no argument from me on that point.....LOLOLOLOL
After a long day of talking with too many people I have found out a few things and I am afraid I have to eat a few words I said this morning.
This is what I have found out:
Juan was at the bank on Friday awaiting the transfer and it didn't happen.
Apparently there was some glitch with the EFT (I am now eating my words from this morning)and they hope to have this fixed possibly as early as Tuesday. That is not set in stone it is just a possiblility.
Medinah did not want a date afixed to the update in December but apparently the JV partner did.
There is going to be several people buying on Tuesday. There is no need of for anyone to sell. Let's see if they can get this done. Soon.
Hope this helps any of you who wondered what was going on.
Funk, I need this more than almost everybody I know. It will be the difference between having a life and not.....this being old aint' for sissies.
yes they did.....
You're assuming the JV partner knows Juan is putting out that information........never make an assumption with Medinah.
Actually the last 2 weeks were a huge fluke. there is huge buying coming in from a couple of sources and in no way reflects the average buyer or seller. Without that kind of buying we would still be at 4 cents.
I can't give anyone a private reply here so I will answer several things publicly.
I have never spoken with Greg Chapin. I do not know what is going on and neither does anyone else who is trying to say they do.
I do not believe that a multi national corporation that moves money all over the world on a daily basis is having problems moving money into accounts that they helped set up. I do not know what is going on and I have been trying to find out thru back channels.
There are people who are hiding behind the old "Iknow more than you do" bullshit curtain who are trying to say this is only a momentary glitch. If it is why didn't they jsut say that in the release.
I will be honest.....I just don't know. But neither does anyone else. This could be done on Tuesday. Or not........
I think we ahve to take a wait and see attitude. Since there is a "signed JVA" that is obviously the good part. But that sure leaves a ton of questions that somebody iis going to have to answer.
posted in the Medunah website yesterday:
Question & Answer postings are compiled from time to time, as an information source as to company actions and/or activities. Q&A posts will continue in the post-Joint Venture Agreement phase concerning Company activities, to provide ongoing information for the benefit of Medinah Minerals shareholders.
Q: Based on the December 2010 shareholder update what is the status of the Joint Venture Agreement partner’s financial commitment, scheduled for January 15, 2011?
A: This afternoon, January 15, 2011, Medinah Minerals, Inc. President/CEO Juan Jose Quijano Fernandez granted a time extension request by the Joint Venture Agreement parties to complete their initial funding deposit. The JVA partners emphasized their difficulty with legal and banking requirements causing this unexpected transactional delay. Senor Quijano states that all the terms and conditions of the signed JVA contract remain in effect.
Thank You,
Juan José Quijano Fernández
President/CEO
Note: This News Release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading “Risk Factors” and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Sorry Rich, Bubari is my kind of guy......LOLOLOLOL
For the know alls on this board who will argue there is no naked shorting going on with Medinah I will point out one small thing that I know for a fact. I know 10 individuals who along with there close family and associates totalling in number less than 90 people own more than 680 million shares of Medinah. I know 4 people who own over 200 million shares and that is 4 individuals.
A survey of Medinah shareholders on another board showed more than 1 billion shares of Medinah had been naked shorted and that survey totaled only 500 shareholders. There are over 6500 Medinah shareholders....do you really think this stock is only a billion short?
Anyone who would argue that this stock is not naked shorted to huge numbers is either a fool, an idiot, a liar, or paid to say so. And if that person is paid to say so then they would be all of the above.
Any questions?
None of the current expectations are in Juan's hands. This is all on the JV partner. When he delivers and he will deliver, this will move so fast and so hard nobody will be able to keep up with it.
People wondering about what happens if this or maybe that have an agenda that is pure BS. That and their bosses are paying them to have it.
Pretty soon Rick none of us will be allowed to post here because these people will be crying to much or out looking for jobs because the MM's won't have anymore money to pay them. They will have given it all to Medianh and Cerro shareholders.
And you would be wrong.....but you've been wrong most of the time you've been here.......
Indy,
If you learned anything from me is that you shouldn't listen to me. hell, I've been in Medinah so long I may be brain dead and not know it. LOL
Bill
A good idea at cheap prices. The only problem is that by the time the company has money in their pockets to buy it will no longer be cheap. Also if the deal is as big as has been touted no need to take stock off the market with so many buying in.
And the possibility of an equity position by one or more of our partners....with certificates being withdrawn....why waste dollars on a buyback? I say give it to the very loyal shareholders. There is an awful lot of information coming out in the next few weeks that should blow this whole thing up.