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again you are entitled to your opinions but please stick to facts, not idle rumors or gossip
i realize you usually say your comments are only your opinion however, you are well followed and most of the time you pick things apart VERY well and get to the meat of the matter. unfortunately, some times you are way off base and you should check the facts before people rely on the miss- information you post
juan jose has a great family tie to amparo and his grandchildren as evidenced by the magnitude of the mdmn shares he allocated over the years to his family, including amparo juan and maurizio worked together very closely starting when maurizio brought his friend ulander to the property and ulander made the offer to mdmn, which, of course, was an unmitigated disaster juan jose has never been anything but supportive to maurizio and has cooperated in every aspect of business with maurizio in the spirit of trying always to do the best for medinah even if it was not in the best interest of juan jose
as these will all be restricted stock there will be extra cost and delays in getting the restrictions removed if you can find a broker that will take pinks trading under a cent
wondering??? can you help me were you at a cdch shareholders meeting when they increased their authorized capital from 500 million shares to over 7 billion shares
i cannot find this increase on the state of nevada site nor on the info on pink sheets
dream on!!!!!!!!!!!!!!!!
the powers that be have instructed me to cease posting on this site. i have enjoyed the chatter and wish everyone the best for mdmn. The property holds a great future for all as auryn continues to develop the adl toward a mine
it sure would be nice to know how many shares were cancelled at the treasury from vital, greg and jim and what the os is now
Also like to know how many of the class c were cancelled and how many remaining
should we not be told of the results of the 4 truckloads of ore shipped in january? was production ceased because there was little gold recovered from the carin?? what was the result of the experts report? medinah is a major shareholder of auryn so all information should be made available to mdmn shareholders on a regular basis. this has nothing to do with any other problems mdmn may have This is just straight property news
the market is terrible, a reflection of all the garbage going around with law suits etc. however, the real assets, the alto properties and surrounding ground, has not gone away. we await the findings of the last expert that maurizio hired, which cannot be much different than what all the other studies, starting with the aca howe report after the house drilling before auryn entered the scene
some day the mess will sort itself out, auryn will start pouring out results from the properties, again, and the market will wake up and realize the value of the holdings and it will start to inch up as the new buying comes in.
no doubt is makes it easier to get total agreement on any contract
as there is no communication from mdmn and no published information to remove the stop sign, people tend to speculate with out any information. we do know that the boards of directors of all companies, mdmn, cdch, amnp and auryn are now the same so its hard to see how the next move can be made with any independence. mdmn is being swept aside into various situations that are not clear, and possibly, kevin cannot communicate that as he my not be privy to the end game of maurizio when i ask the principals where mdmn stands, i cannot get any answers
i really do believe kevin is trying his best to do everything possible to salvage mdmn without any support from anyone. a presidendt without power!!!
they have had full access to that since october of 2016 plus tons of other documents
you are missing something in this issue. The first two suits filed are price against medinah with specific amounts due pursuant to contracts claimed. A month later following the filings came the suit filed by medinah against price et al which has no specific claims attached Filed in court are demands that medinah provide documented proof of their allegations against price and to cease using their libelous postings. To date no proof has been forthcoming and they now have a deadline of june 23 to provide any proof they think they may have. If medinah had honored their contracts with price et al he would be flush with cash. however, he is still operating from his same offices and shows no sign of leaving town
I do not know his financial situation but it has nothing to do with the various Supreme court cases which are proceeding toward trial
the attorney for price, ori, has worked for him for 40 years. he is, and remains the attorney, on the 2008 case where godwin sued nmedinah and everyone, and there are several cross suits. as ori is, in fact, the named attorney for the godwin case mdmn thought ori would be in a conflict of interest if he acted against medinah in these cases. this went un opposed in the courts by the price group
the new attorney will be up to speed in a week or so
cdch is in a position it could be readily re recreated in a usable format for maurizio my question remains, at the end of the day, what do the shareholders of mdmn get in exchange for the alto claims????
interesting you now have mdmn, cdch, amnp and auryn with the same directors tupper, goodin, italo, saul, and gomez
cdch basically sold the entire company for a 300,000$ loan payable to themselves no cash changes hands
you must give credit to maurizio in that he is always coming up with new ways to muddy the waters i now have no idea where medinah shareholders stand or hope to come out with some value at the end of the day
as there is no work going on now, how can you report that? we do not have the results of the 5 truck loads of high grade ore shipped form the carin and do not have the report from the expert maurizio hired for the total overview of the properties winter is coming!!
we still have a stop sign on the trading as tupper promised us a 15 c 2 11 report for the period ending march 31, 2017??
the three claims in canada, two against mdmn and their claims against the other parties, has only progressed whereby ori is out and a new lawyer is handing the file, and the next is for the court to set a trial date. most of this info is a matter of public record except that medinah was successful in having about 300 pages of their testimony sealed in the court and cannot be viewed by the public. i have no idea why
as to the okanadian case, all the parties tell me it is settled but i see no official announcement of that
all of the original contracts were filed in the santiago offices of mdmn under the control of their legal agents in chile, 1.e. juan jose quijano
i dont know for sure but as maurizio is juan joses son in law i am sure he would have picked up anything that was medinahs
contrary to what you indicate, there is no mdmn office in the united states that is managed as to a proper operating administrative office, and also contrary to what you say, medinah chile has not been legally dissolved and cannot be until the debts of the company are paid
after the demise of russel godwin 2004 mdmn never owned any subsidiary company
in canada or the usa the reorganization in july 2004 returned operations to chile under the control of juan jose
the minute books, directors resolution etc are all in the offices of robert hackney, as they should be
all of the old records of medinah dating back to 1998 were in a storage locker and i personally do not know if they were ever picked up by gary or tupper
dennis personally traveled to north vancouver on several occasions and went thro all the records he copied the originals and provided a detailed book to hackney but also to all the other directors, including chapin, vittal, juan jose lett and kirkland. dennis also made several trip to chile to obtain contracts, etc that were important to him dennis also had the contracts translated to english so they could be read in detail by the non spanish readers the original spanish contracts were housed by the company president, juan jose, in the chile office after dennis left the contracts remained in the chile office along with all subsequent contracts and juan jose remained the mdmn corporate lawyer in chile
all the contracts remain on public display in the legal records files in chile that can be searched at any time as well, upon signing at the notars offices several originals are provided to the signators, not just one original
to be very clear, when the lawyer, robert hackney, was hired the first thing he did was to gather all the corporate legal records and maintain them properly. dennis tenny, the ceo, provided a complete book of the medinah history , including copies of every contract and all corporate info to that point. later hundreds of pages of corporate records were provided directly to the company president gary goodin
they dont want to issue anything. when amnp, who has gary at the helm issued their year end financials it opened up a big can of worms. gary had sold the inside potential fraudulent deal between mdmn and amnp, which came to light that they never had a property so mdmn was forced to give back 20,000,000 shares of amnp. this was in an amnp release and never released by mdmn then you saw that gary had issued himself about 20,000,000 share for not doing a darn thing for the company because it didnt even have a property!!
the mdmn shareholder are now in the dark as to the number of shares issued, the number of shares given to gary and his pals, how much has been spent on legal fees with the now 5 ongoing law cases, how much is now owing to auryn as they have a lien on mdmn auryn shares, and all the other issues that are contained in a proper 15 c 2 11 i dont know of any action that can be taken to get this disclosure???
re mr lett i agree i do not know what the problem was between lett and maurizio
i understand the minute books were always stored in the office of bob hackney, which is where they shoud be and i have no idea if tupper has gone looking for them
thanks for the clarification greatly appreciated
Maurizio and auryn were not responsible for the actions or lack of actions by the directors of mdmn and i doubt Maurizio ever had any reason to read the Nevada statutes
I met with Gordon house and his good associate ben aisworth when they were developing the alto properties during the drill program and totally fell in love with the prospect of a major mine. I have never lost confidence in the property and still feel it has the potential to be really rewarding to everyone I continue to hope kevin and his crew can straighten out the current mdmn mess!
the reasons I am interested I have a personal investment in medinah exceeding 1 million dollars of hard earned money that I would like to get some return from therefore, I sought some legal advice so I knew I was on the right track
the shareholders, in public meeting on feb 12, 2012 approved the issuing of a series of preferred shares with a face value of 1$ per share according to the records there remain in excess of 1 million dollars of the series outstanding which represents a preferred liability of that amount the figure was much higher than that but chapin, vital and jim o returned some to the treasury when settling up with tupper and tupper has not updated the records to show exactly what are left
at the time of the sale agreement there were more that 3 million outstanding, and they commanded a vote on the agreement prior to signing.
obviously, on any meeting or legal challenge the company, medinah, must pay all the fees.
there are two issues at play here
I have 3 separate legal opinions that the sale of the alto properties to auryn is a transaction that needs prior shareholder approval under statutes of Nevada, starting at nrs 78.565
as well as this the transaction clearly required the approval of the class c shareholders as evidenced and filed with the state of Nevada feb 12, 2012 whereby the class c shareholders have prior rights if there is to be a sale of the assets
the past and present directors of mdmn are well aware of these requirements and have chosen to ignore them
it is interesting to read the ongoing speculation without facts particularly with continuing reference to fraud without any prof
auryn cannot act on anything regarding the option agreement as this was legally and completely torn up by all sides, when auryn proposed the purchase contracts medinah shareholders could repute the contract as under Nevada law it is very clear that such a contract must have prior shareholder approval as well as prior approval of the class c shareholders auryn knows this full well so they surely do not want to upset the apple cart at this time.
well put kevin is trying his hardest to follow the bouncing ball and settle one issue at a time. he has no help from the directors, especially
gary goodin who is only interested in lining his own pockets gary has issued himself 20,000,000 shares of amnp which has no property and no business since coming aboard mdmn he has issued himself over 8,000,000 shares for his services. i agree that goodin is working chasing price etal and screwing up the okanadian case nothing that helps mdmn if goodin, who has so many conflicts of interest, moves out of his positions and allows kevin to continue his efforts that probably is the best shot we have of any recovery from mdmn
No one ever said price was a saint,,,
However he does get the blame for many acts of others. Definitely he had nothing to do with bringing ulander on site
remember where ulander came from
juan jose, ulander and maurizio were working together on several of juan jose placer properties along with a fellow called slade who is now in jail in Alaska
maruizio and his wife were all paid for quest of ulander in a chalet in spain. after coming back to Santiago Maurizio introduced jaun jose to ulander. after working with Maurizio and ulander in madre Maurizio told ulander he should look at the alto project, which he did an made a wonderful offer to juan
as it turned out ulander was only trading properties to raise capital and never intended to spend the money on the alto
if you read the old news releases, mdmn ended up with 90,000,000 shares of ulander stock which now is probaly worthless.
kevin promised an update for the period ending march 31, 2017 which was due on the otc boards by may 15th this would remove the stop sign lets look for it today and we can all see whats happening.
confirm 5 shipments only results of one posted al work supended
there is no doubt they shipped 5 truckloads of about 20 tonnes each. the results of the first were released by Maurizio but all quiet on the other 4 loads
nothing going on now
conflicts of interest with tupper are nothing
look at goodin president and ceo of amnp
director and chairman of the board of mdmn
director of auryn
look at italo director and chairman of auryn
director of amnp
director of mdmn
legal council for all companies
while goodin is so involved he has medinah sell to amnnp an interest of 20 percent in the jota properties in December of 2015 when he knew there was no such property from november of 2014
this smell of inside dealings of the highest order
kevin has been around medinah for many years and i think he has been at every shareholders meeting
he is trying his hardest to solvbe many difficult issues with little or no help from his directors I think he realy cares about the future of medinah
there are two property groups with similar names one is the carin and the others are the carin placers sometimes spelled caren
the property that is controlled by auryn is the hard rock claims that auryn sent the ore to the mill and we are awaiting the assay results from auryn this is the one price claims 25 royalty and is located in the heart of the alto claims
the carin placers ajoin the hard rock carin and run down the grade into the river where juan jose has worked on and off over the years juan jose sold the carin placers to gary goodin and amnp for a down payment of 100,000$, 10,000$ tax payment and a 6 month work commitment of 500,000$ like everything else goodin did, he did not make a singular payment on the property and eventually the property was lost back to juan jose
you may have read the amnp posting by goodin whereby he said that auryn was working on the property, which, of course, never happened same issue as goodin bying the 20 percent interest in the jota property from mdmn when there was no property to sell because it was lost in a tax sale in 2014 amazing what you can discover when a lawyer in santiago checks all the filings!!!!
again check some facts there was an account set up for medinah minerals by the name of mmc mines inc because medinah could not get a bank account in the united staes until 2015 no matter how hard they tried. mmc mines operated for medinah from 2008 until 2017
as to the issue of the stock, all the documents for this are properly in the hands of medinah and we await the promised findings of tupper so we can all know exactly what h appened and where we all now stand.
auryn has 32,000,000 shares issued and will have more if they do an ipo to get trading the issue price is 6 cents per share
auryn has total control of the shares until such time as mdmn pays all its debts to auryn, which we are told is several million dollars
tupper promised a update for the quarter ending march 31 2017, to remove the stop sign but also should give all the information as to shares outstanding, etc.