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again you are missing the facts. cerro dorado was always a seperate company and didnt share any directors, officers or management from mdmn. cdch put this out very clearly in a news release in 2016 and again in 2017
and in their filings. so do not blame mdmn for this mess up - totally the result of maurizio and goodin and in their hands to fix!!
I warned goodin and maurizio when they first met tupper who did more to destroy mdmn and waste so much time and expense chasing rainbows. Muarizio always knows more than anyone else about anything!! I sat with both of them on a trip to chile and offered to assist them to clean up after tupper
and they said they had everything in hand NO PROBLEMS LOL
sorry but you are totally off base on this one. CDCH/AURYN are non reporting pink sheet companies who distributed its shares to a private company, Auryn Chile that were received from the sale of alto properties MDMN was not a party to the transaction The sale was approved by FINA It is entirely up to auryn chile to request auryn usa to remove the restrictions on all the shares given to the auryn chile shareholders. MDMN has no part of that and must await Maurizio and goodin to clear all the shares for trading, if that is ever their wish!!!
Back in Toronto where he lives waiting for the PDAC to visit Masglas open house
chiledog just informed me that auryn and mdmn cannot legally distribute the
auryn shares without a restrictive ledgend unless they do a proper filing with the SEC/FIRA which is exactly what he said two years ago. This is a simple matter of full disclosure and filings which any good attorney can do in very short time. Why they may not want to do this is that they would have to disclose all contracts and obligations which they have promised over the years but never have??? Does something smell rotten in Denmark???
Unfortunately that seems to have been their plan from day one, get all the property without paying a single cent
The aumc market cap is now around 11 mil with the stock trading at .11 cents MaURIZIO and goodin are carrying the alto value at plus 50 million on the financial statements totally out of line. When the year end financials are published in march they may devalue the holdings considerably to bring in line with the reducing market cap. Unless some mirackle happens the aumc price will continue to vanish. .
could one of the loyal supporters of maurizio and goodin explain how the original cash paid shareholders of cerro dorrado who were rolled back 100 to one with the stock now trading at .10525 will ever be able to recoup their losses? If maurizio ever decides to release the auryn shares to the mdmn shareholders as promised many times what chance do the long suffering mdmn shareholders have of getting any return?? I guess maurizio, goodin et al will enjoy another gala week at the convention in toronto in march and move merryily on their way with no news forthcoming to help any of us.
Maurizio goodin and his troop just announced they will be attending the March prospectors convention in Toronto and invites everyone to go and visit them They dont have enough funds to pay their long overdue legal filing documents in Nevada but they can go to the big week long drunk in Toronto!!!! John went last year in march and came back and told us maurizio said the auryn stock distribution would be within two weeks. Maybe John will go again this year and come back with some more wild stories????
my friend chile dog just returned from santiago chile after working there for the last several months. During his visits to the lampa area he saw no evidence of any workings on the alto property or any signs of any crews of the big H either. He did not enjoy his coffee with me when i told him there was no news from mdmn or any sign of the auryn stock distribution. Now he has returned he will contact his US people and see if he can get some news for us.
its winter time I think they will now wait until spring Just dont know which year!!
gosh i hope it never gets that low Sure sorry i still own far too much at the higher prices
must be getting old i meant aumc
did you notice the volume on aump on a serious down note
there is no doubt someone cleaned up a ton of stock over the last several weeks at the 6 to 7 range..Maybe this has cleared the overhang and it could be ready for a short term bounce but unless there is some positive news from maurizio and goodin it would not last long.
we went thro all off last year waiting for the auryn shares and now we are into a new year again with no news. THE stop sign remains on mdmn and could soon be on auryn as well. I fear that maurizio and goodin just dont give a darn about any of the many long suffering shareholders. That is sure what the current trading indicates.
thanks any idea who wrote this? looks like maurizio to me He earned a big commission for putting the ulalnder contract together after their wonderful trips to spain togther.
take my hat off to you. You did a lot better that me!!!!!!!!!!
simple for 3 years there has been no drilling done on the property only stabs at messing up several high grade spots. many different geos hired and then fired because they wouldnt agree with maurizio All sorts of talk about reports being prepared but not a single one reveled to the shareholders. what stock can flourish with 3 years of no news and only promises of a stock distribution that never came about What a mess!!!!!
i do not know for sure what deal from 2016 Do you mean the original option agreement signed with maurizio or do you mean the ulander deal maurizio brought to mdmn?
sorry what proof???
while i think goodin and maurizio do not have a clue in hell how to run a public company properly unless you have some proof you should stop short of calling them scam artists. If you are simply teed off at the price of the shares and the utter lack of any communication from goodin or maurizio you join the other 5 or 6 thousand shareholders who feel exactly the same way. However this does not prove a scam!!!
maurizio and goodin took control in march 2016 For interest sake pick up the 3 year trading charts and compare now to then and the answer is simple
total dollar value this morning is 496$ high trade of 1000 shares wouldent pay the postage to mail out the check. The only hope i see is if they run the auryn stock which they control all of and maybe??? they distribute the shares to the mdmn shareholders.
looks as if mdmn will close the year around .0006 and no news from maurizio, goodin, or italo. Any one feel like a Mushroom???????????
aumc closed at .1426 and mdmn at .00007. If they ever distribute the long overdue aumc shares there will be little return and with no volume, little chance to recoup any ways.
Had a long chat with chiledog from santiago who will return in the new year. He says there is no activity on the mountain and no sign of the big H around anywhere. I told him the same here-no sign of any activity!!
no word of any year end update or messages like they did last year?? do they have nothing to day???/
do you still think the goodies are coming???
merry xmas to all, hopping 2020 is a better year for all mdmn and auryn shareholders
December 17th 2019 is the actual legal date all the restrictions are off the auryn shares promised to be distributed to all the mdmn shareholders. Any idea what excuse they will have now to not send these out to all the shareholders???
In the schedule of major shareholders of aumc as published by aumc you see the shareholders as maurizio, 26,460,000, amparo, muarizios wife 16,017,270, and mdmn 16,274,200. We know how mdmn got their shares but how much, if anything, did maurizio and amparo pay for their shares or were they just a gift? The other issue is have the restrictions been removed on their shares and is it only mdmn shares that they havent bothered to release???
The way they are acting leads one to believe you may be right. The recent letter published from mdmn on the mining play site said mdmn has no funds, was not paying any bills, and said they would not have any money until the auryn shares are cleared. This makes no sense because all those share are supposed to go to mdmn shareholders. Hard to have it both ways.
This may be the final step in goodin and maurizios master plan to end mdmn with none of the bothersome mdmn shareholders around to upset their plans.
vvvvvvvvvvvvvvvvvv
I wonder about the priorities Just found that auryn and maurizio have again registered for the prospectors convention in Toronto in march I know these booths are very expensive and this follows on the one in peru in november. The air fares hotels and food plus moving their various bodies to Toronto must cost upwards of 30,000$ Obviously we cannot control goodins and maurizios expenses, and they have stated they are not going to pay any costs for mdmn, but could they not use some of the convention expenses to develop the properties or at least make mdmn legal??? We never get a report on what, if anything, ever comes from these gala parties. After the last one John said
maurizio told him the auryn shares were going to be distributed in a couple of weeks????
and now this morning aumc trades down to .125 cents. Is this going to be allowed to drift away the same as medinah???
I do not monitor the TMP but i was sent today a copy of a posting by Raul de Solar the remaining director of mdmn. What he revels in the document is very disturbing. Firstly, he says mdmn has stopped paying any bills and has no funds and doesnt seems to indicate any are forthcoming. Secondly, they have not started to resolve removing the restrictions from the auryn shares and no indication that they can or when they might become free for distribution. Thirdly, they do not intend to update the OTC boards and remove the stop signs He says nothing is happening that the shareholders should know. Fourthly he give no indication of what debts mdmn has that are not being paid and how they are going to pay the
SEC attorneys and pay Pacific for the distribution if there ever is to be one.
He does indicate that he will update the shareholders on the web site at some time in the future???????????? Is the big H working or not on the LDM
Watching the auryn trading down to the low 30 cents after a 100 to one rollback even if by some form we do get our auryn shares there does not seem to be much chance of any return.
I am not a happy camper!!!!!
totally agree. Let look at where they have left mdmn owning now - 16 million shares of auryn trading at 30 cents, altho restricted, has a value of less thank 5 million dollars. We have no idea of how much the mdmn debts are as they are not published.
Goodin and maurizio were smart enough to gain total ownership of the alto property with not paying one cent of cash to either mdmn or aumc. If that was their plan from day one they have done an excellent job for themselves and destroy all the public companies at the same time. So so sad!!!
you are right. Clean up the corporate deficiencies, get rid of the Stop sign, put out some positive news and find some bodies to run the company you might get some up ticks. Unfortunately, goodin and maurizio dont seem to think any of this matters and we slowly die on the vine. I also worry about their ability to service auryn as their market continues to tank as well.
surely all their high priced help would know that and all the documents should already be filed. After all they have had two years to figure this out AND GOODIN brags about what a good attorney he is and Maurizio thinks goodin is a wonder child. Just look at the huge bonus maurizio paid goodin in march when he left mdmn to spend all his time on auryn
right I dont think they care one bit about the mdmn or auryn shareholders
They got total control of the entire alto without paying one cent. However, there is a growing number of long suffering shareholders who might shortly come at goodin maurizio et al with a very nasty law suit if the distribution does not take place. They dont expect any recoup but are seeking some justice.