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they call it "watch the bouncing scam ball"
I had never heard of of the term "scam ball" before I knew about Medinah. Apparently Les has a big pair of them.
funding will not come
let's wait until it is official. Or better said, let's wait until adl goes south. Since mike and decosta both seem to think adl is a side play to ldm, it is obvious adl is toastaroonie.
what's another year ?
Rick posted that his mom bought shares at 12 cents , she'll be waiting too.
"stick with that fantasy?"
Saying" I imagine it already has" is pretty much a fantasy as well. If the company officially says december,and then moves it to early 2013, what makes you think they won't keep moving the date back. They do that with everything else.
rick weren't you the one saying Smith was in santiago, yet reports on the ground (which even mike gold agreed with) are that smith is not on the property. Real DD means dissecting what Lp's minions says,and realizing nothing ever comes to pass. And let's not forget that the only truck seen on the property was a pickup truck. You have to go way outside medinah and amarant to know they are full of it. Don't forget rick, last year you were singing the "it's a when not an if" song. I told you it was an if not a when, and guess who was right?
who cares what the company updates say?
nothing ever comes to fruition from all their forward looking statements. Nothing this company says is to be trusted (ie we are done, done, done) . They are a bunch of liars,and the proof is available, just watch the video
you mean "if" the money lands
historically speaking, medinah never gets the money. The last 2 years and every other year have proven history right.
don't forget LP is a liar
everything we hear from unofficial channels is LP doing good on his lying filth promoter ways. His job is to keep interest up while they dilute the company. Even the official channels have proven to be absolute lies (we are done, done, done, early drilling in september). Rich H is claiming Smith is in chile, but I would argue that this info has not been corroborated. In fact, one shareholder with people on the ground says Smith is not "in the hood" . Care to comment Rick?
the set date is fluid ROFLMAO
apparently even the contract is fluid. Gotta love the current use of the term fluid by kirk and others. I've always heard kirk talk about how the info he gets is from the front lines, and if it doesn't pan out it is because things are fluid on the front lines. Contrary to what some are speculating on smith being in chile, others with people on the ground are saying he is not on the mwdinah ground. This fluid status will not bode well for the stock
no funding = no deal, you have nada
so where is the adl funding ROFLMAO
Let me guess "next week" hahahahah
from geoly "LDM is getting more and more impressive. WAIT til you see what they found now."
This doesn't bode to well for ADL. It appears the sources are making the lDM carrot grow for a reason, I'll let you figure out why. Fits in line with what mike and decosta have been saying about ldm paving the way.
Medinah never gets the money!
if you know medinah, you know they never get the money. Last year and the year before proved this to be the case. And it continues to be the case as the money is no where in sight. Lot's of promises and excuses,and no money. I will follow decost's lead on this one, and assume we may need to go with new partners, or go at it alone. Maybe on the next deal we can get a 20% FCI ROFLMAO If only they could get the money, the scam perception could be put to rest. Instead we get worthless shares
"ldm will be the catalyst" decosta
why would ldm be the catalyst if adl has it's own deal? because after a year of waiting for amarant to deliver, we are still waiting. And how long will we be willing to wait, as long as shareholders believe they will deliver. I can't wait for the "set date" to finally arrive ROFLMAO
he has a special way of planting seeds in shareholders minds
How do you think I knew last year was going to be a bust? By reading decosta's posts. Kind of like when mike gold says the tweeter office is on high alert, you know there will be no news. Or when last week mike gold said to prepare for funding news that week, you knew there would be no funding news. I don't think amarant will fund, but according to decosta, we have options. Now that the ldm has proven to be richer than expected, we have options. Like decosta says, if amarant fails to perform, we can look for better offers or go at it ourselves. Do not expect any funding from amarant. And if they are anything like other consortia, they will delay the funding as long as possible. Decosta himself has a friend who's very job is to delay funding on junior companies. That is how he knows what other consortia are like.
why would he bring it up?
he is directly relating dealing with a consortium to medinah's dealings. It is pretty obvious, no need to make it sound otherwise. He is good at putting thoughts into shareholders heads. He is a shill,and that is why he is always coming up with excuses for medinah's non performance.
read em and weep "Medinah is not going to get the check until it becomes obvious that all further attempts will be futile."
see, he is saying the partners are delaying in order to get at lDM. What a shill he is, always coming up with excuses for non performamnce
"Here’s an example of dealing with a consortium. Let’s say Amarant and the other consortium members really, really, really want the LDM. Uhlander approaches management of Medinah and says gosh JJ consortium member #4 is threatening to bail if there’s no LDM as part of the package. Group #4’s BOD just won’t OK it. This might be a total bluff but the BOD of consortium member #4 doesn’t mind getting thrown temporarily under the bus.
Medinah holds its ground and says no big deal we’ll go it alone and have the LDM fund development of the ADL. Uhlander says well, don’t be too hasty. I’ll work on #4 and try to convince him that we can always take a run at the LDM later. The very, very, very last thing in the world Uhlander is going to do if there’s any chance at all in getting the LDM is to let you cash the check. If he did his leverage is gone. Under this scenario (which I doubt is accurate but explains how dealing with consortia works) Medinah is not going to get the check until it becomes obvious that all further attempts will be futile. "
THAT SHILL DECOSTA IS SAYING
that the reason for the current delay is because partner B wants the LDM included in the deal. They will delay handing over the check as long as possible because as soon as they hand over the check, they lost their bargaining power. ROFLMAO And people still don't realize he is a shill?
right, just like partner A didn't exist
thanks for pointing that out. Everyone agrees the nda is void by now, so don't use that excuse.
prove it's not a scam
we are still waiting on funding, until we get it, it's a scam.
he says ldm will lead the way
why would he say that if adl was a wrap? It's because it's not a wrap and will not wrap up. He is hinting that with the new value at ldm, we could just as well go for bigger offers or go at it ourselves. And why would mikle gold say that adl is a side show to ldm? You will find out soon enough, while amarant continues to fail to deliver.
he's said a lot more than that post
2 years in a row I've calling adl going south, haven't been wrong yet. watch and learn.
DECOSTA SAYS ADL DEAL IS TOAST
mark the post baldy, amarant will not perform. Next two weeks will prove decosta is a shill.
hahahahahah
don't you know ADL is toastaroonie? Decosta says so, and he is never wrong. With the recent developments at ldm, we know the value of adl has gone up tremendously. We will find a new suitor willing to pay the new and improved terms. Mark it!
decosta is hinting ADL deal will go south
Because of that I highly doubt any of amarants supposed financial obligations to medinah will materialize. Knowing that LP is involved, it is pretty safe to say medinah will not be receiving any money. We will know the truth, bery bery soon.
from decosta :It’s almost like there’s a drum roll going on in the background in which we’re about to learn whether or not Medinah is the most meticulously-designed mining scam "
yup, everyone is waiting for proof that it isn't.
hopefully people realize what a shill decosta is for already hinting at a deal gone south, but to our advantage. Like any pink sheet scam, the deals get better and better, but never finalize. Good ol' carrot game. Good thing Baldy is standing up that friendly creep decosta.
DECOSTA THE SHILL IS SAYING
IT WOULD BE A GOOD THING IF "PARTNER B" NON PERFORMED. It is now guaranteed psrnter B will not hand over any cash.
from that shill decosta :
"I see the recent developments at the LDM as now dictating the developments at the ADL. Due to the proximity and the homogeneity of these deposits the value of the ADL has obviously gone up immensely due to the progress at the LDM. One might imagine that the interest levels in both the ADL and the LDM have probably gone up measurably with these developments. No matter what the certainty level is that a partner will perform it is always nice to have backup options.
As developments progress at the LDM several things occur in addition to backup options popping up. The option for Medinah Chile to keep 100% of the ADL in the case of nonperformance comes back onto the table. Also the incentive for partners to perform goes up immensely because the value of the ADL has skyrocketed due to the LDM developments. The contract has locked in an option to perform with the risk of losing a large amount of Alluvia shares. The pain associated with nonperformance goes down quite a bit although the chances of nonperformance become extremely low. At some point of LDM development I would assume that management might even prefer nonperformance so that even a more generous deal could be generated and/or the go it alone option is exercised.
I don’t believe management is anywhere near hoping for nonperformance. The opportunity for Medinah to serve as a “project generator” (PG) for any number of prospective properties in the geopolitically safe country of Chile for an Amarant team with the business, financial and mining credentials they carry is much larger than the ADL project despite its enormity. If you haven’t studied Dr. Kleen’s video covering the developments at the LDM I highly recommend it. I in no way, shape or form think that our chosen partners at the ADL will fail to perform. On the contrary, I think they would move heaven and earth in order to perform in a timely fashion. It is my prayer that the 98% can join the 2% and get their arms around the macro version of how things work in the mining world."
Yes I know it was from Amarant
but using words like "in place" are very LP. As far as I'm concerned, Lp is in communication with everyone relevant at amarant, Sonja included. And so far, every time anyone connected to medinah (Lp, whoever) uses words like, "in place, verified, last stages" it has always proven to fall apart.
until things don't go as stated
medinah have been claiming that heavy trucks (in the plural) have been moving ore at LDM. A shareholder confirmed that the only trucks on ldm, was one pick up truck. When you catch the company lying then everything else needs to be taken with a huge grain of salt. Besides amarant have been claiming early drilling in september, october, november etc, so it is yet to be seen whether they will perform with medinah or not. For now it is all talk
The funding of 5 MUSD for covering the exploration costs the forthcoming drilling program is "in place "
in place, verified, last stages, blah blah blah. this is all les speak. Let's hope it makes for a good opportunity to dump some shares.
they can shovel it into the pickup truck at LDM
pick up truck post was pulled !!!
I guess they didn't want people to know the truth of the situation. There are no heavy trucks moving ore, just a half full pick up truck. That fact they pulled the post means they don't want shareholders to know the truth. The scam is unravelling!
that's true
Like that shill decosta who is always defending the BOD (because he is in on it) . After a full year of being strung along by partner B, decosta offers that it is due to the slowest member of the consortium. ROFLMAO More and more folks are going to start to realize who the shills are
they are using a pickup truck to move the ore
this is from a shareholder that apparently flew over the ldm "Yesterday, when I was over the area I observed a Yellow colored '70's Chey Lov p/u truck going down the road and it looked like Jose was driving and a guy I know named Joe was the passenger and they had about an 1/2 load of ore rocks in the bed"
seams like a far cry from the " heavy trucks" medinah has been claiming "The movement of heavy trucks was curtailed due to significant rainfall over the last 10 days. The road bed would have been compromised by loaded trucks of ore during this period. The weather has subsided and truck movement, over the 17-kilometer route, will now continue from the mine site to the ore staging site."
from mike gold
"Just my own personal opinion..developments with the Alto are a sideshow to the LDM."
In other words, do not expect the alto deal to ever close.
medinah scammers getting caught in their lies
"June 19th Q&A
Q: Is the LDM Chile mining operation progressing to a point of shipping ore?
A: Mining operations continue on the Compañia Minera LDM Chile property under the direct supervision of a certified Geologist and Mining Engineer. The stockpiling of ore continues at the site. The movement of heavy trucks was curtailed due to significant rainfall over the last 10 days. The road bed would have been compromised by loaded trucks of ore during this period. The weather has subsided and truck movement, over the 17-kilometer route, will now continue from the mine site to the ore staging site. Enami will then process the material(s) and results will be reported. Medinah Minerals, Inc. has a 30% free holding in the profits of the Las dos Marias mining operation. Medinah Minerals (Chile) S.A. has a 20% ownership interest in the operating company, Compañia Minera LDM Chile."
This is not an illusion. Six months ago we were talking about a 10 day delay b/c of weather and today there is still no movement. Move the fricking rock. It's absolutely inexplicable why we are not cash flowing on this project NOW.
"Dr. Kleen decided to film the entire LDM mining operation to share with his fellow Medinah shareholders."
I guess there is no stock pile of ore being prepared for enami, otherwise it would have been filmed. He did after all film the "entire mining operation" and the enami pile was missing in action. Did they simply forget to film what everyone has been asking about? Doubtful.
insiders still dumping?
They sure are quiet. They must all be conferencing with Lp, trying to figure out how to keep the "next weeks" going.
decosta is a shill, BE is weeding him out
well done BE
he's just making excuses for a company that promises and never delivers except for the flippers
"
Acting as a “consortium” of investors adds that many more layers of complexity because you can only go as fast as your slowest member. Sometimes members of a consortium willfully over promise just keep open the option to be a member until the very last minute. Large projects like the ADL often necessitate acting as a consortium in order to keep everybody within their own various risk profiles. There’s a reason that the recent Pierre Lassonde article cited that going from the initiation of exploration to production now takes an average of 17 years and is estimated to go to 27 years by 2014. The mining business is not for the impatient."