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True, I wish I was a better flipper, I just held on like a fool, and watched my account slide.
I did however do something about it. The first day the SP went illegally downward, I went golfin, and the 2nd day it was illegaly manipulated downward again, I golfed some more.
What a gift, first time on the links this year and got two games in back to back, was awesome. Shhh, don't tell my wife, she thought I was in meetings on Thurs.
I am a long term kinda guy and seek investments that I do not have to flip around, since I am lousy at it anyway. I try to play to my strengths vs my weaknesses.
I select stocks based on the assets not the day tradability. This way, I do not have to worry about the manipulation of Wall Street hacks.
Since I do not need the paper high from up and down and I know how the game is rigged, I pay it no attention. I prefer to wait until the JV is announced and the Partners are exposed. When that happens, I will seek advice as how to sell into the rally's and buy on the dips, as I am a lousy day trader and hate charts. Unfortunately, I tend to spend to much time golfing and need folks like yourselfto help so I don't crash and burn.
I am hoping Roundmot will take mercy on my soul and show me the light.
Richard, You'll help me Right ;)?
For those who intend to spread untrues tonight.
Medinah Minerals already has a consortium of JV partners with a JV fully in effect. This week, we should see news annoucing such along with a lifting of the Non Disclosure Agreement, so the entire world can see what JJ has brought home to the MDMN stockholders. It will be a monumental week, in both Stock Value and Jr. Mining History.
I think there will be some here to help you with truthful facts, with links and data to support the truth, not of other posters but to actual information supporting the JV is signed and other pertinent information so they can make trading decisions not on negative postings, but on factual data.
I know many like to come in on Sunday nights and rile the crowd, but tonight we will help you get your material accurate, as I am sure you mean no ill for anyone and only wish good fortunes to all who seek a great opportunity, correct, haha.
Like MG said:
"
To whom it may concern-attempts at discrediting this investment are futile. Medinah already has a consortium of JV partners with a JV fully in effect.
They own the best property controlled by a junior miner out there. This consortium is more than capable of taking care of its own.
I strongly suspect the NDA that Medinah has been under will be lifted this coming week and all the enemies of the company will know exactly how much of a world of hurt they are in.
Hope they enjoyed their final hurrah last week. They are not going to have another chance. "
Again Yak, Your Totally Wrong
Difference is we have an 84 sq Mile Mountain full of valuable minerals and lots of em.
1. Did you hear we announced a JV last week, bet cha can't wait for the PR / News Machine to kick off.
Gonnaaa be HUGE.
2. Did you also here that the trust deposit from our partners was reported in our financials, on Jan 13th. Just go to the company website, right there black and white
3. The best thing is the NDA should be lifted in a couple days then you will get to see which of the world's largest mining company was able to get the deal with us. That is gonna be huger.
Attempts at discrediting at this stage is futile, you should be watching footbal instead, lol
Couple more days my "other friend", couple more days.
Hope your a long, haha.
You Shall See, You Shall See
only ones dumping are those that do not understand what awaits. "Friend"
The Excitement is nothing more than knowing what awaits.
Usually show up late after a few myself, lol,
Sometimes I go trollin for the clowns, haha, they seem to come out at night,hmmmm.
I think many are offshore in they seem to keep European schedules for their rantings, safer over there I'd think.
Celebrating a new cocktail, gotta try it.
Silver patron and pineapple juice, gonna call it the AltoAttitude/Altitude, not sure which, lol.
Look forward to meetin you two.
Drew, sorry for bein snappy.
I don't post much here, I thought you were someone else. My bad. Buy ya a beer in Vegas.
I would guesstimate that a 10% were flippers.
15-20% or so were nervous nillies shaken up by the fear strategy and attack that ensued that got cheated out of their shares, 3-5% were stop losses rookies put in place that the MM's saw and went after and maybe 40-45% were illegal naked shorting that will be covered soon, . Noo wayy is 70% or even anywhere close to the majorityflipped, their not even close to being that smart or insightful, lol. Not that it matters, there is a new dawn a coming, 36 hours give or take.
Gonna Be different this time.
The Trust Deposit Confirms the JV
Mariner, Spot on, the 4th quarter financials which revealed a trust deposit of $437,500 had to make a few MM's find another lump in their throat. Personally I was anxiously awaiting those financials to see if a trust deposit showed up and it made my day.
It ABSOLUTELY confirms, to those that did not believe the reality. In most cases trust deposits range in the 1% range of the value of the JV. If this is the case we are roughly a half a billion dollars.
buybuybuy
Is it Monday Yet, damn.
They are already dancing in Chile
All throughout the 84 sq. mi of unbelievable mineral deposits.
Great Post
With the JV in Place and the NDA Lifted
The Clock is Ticking
Next week will illustrate the following with the SP
Click Here > > The Final Week
Be sure and turnnn it UPPPPPP
Dear Shorty:
If your smart, you will realize soon, that Medinah is painful one that got away. I would advise you to build a cover strategy while you can afford it. Doubt you will as you need to see pain before you get it. If not, that's fine too.
Personally, I do not want anyone to suffer, including you. I seriously advise you to evaluate your situation, realize your mistake that you could not kill it earlier and it morphed into your worst nightmare. The sooner you face reality, the better your balance sheet will look this quarter and next.
Choices, Choices, Choices.
Good Luck
Kirk, nice to see some earnest money show.
Check back in a week or so, I may do that
A Golden and Final Opportunity to Get Cheapies has presented itself for a short time.
Thanks for the idea, I prefer to wait and sell when there is real value, this is not your typical pink my friend, as you will soon see. I think I'll pass, remind me after the JV is announced by the PR firm, I will sell some then, Thanks for watching out for my worst interest however, haha
This is not the Weekend to not Hold
It has been stated of course in the passt, however with the flurry of activity, the process of working through the initial deposit is imminenet. If you want in, it is crazy to delay the decision, if not, so be it.
JJ is an Old School Mining Guy.
He is a very honorable and intelligent business man and about as far away from being a flashy promotor as it gets, he is at the total opposite end of the spectrum.
That is why the SP history is what it is, lol. He feels updates are to inform and answer questions, and address issues. He does not use them to promote,hype or market,if you look at them on the company website, you will see that there is never BS involved. he is confident that when the world sees the mountain, things will take care of themselves, which of course they will. Oh well, it is what it is.
Every stockholder wishes he would be a little more outgoing and bring some bling. With what we have he could certainly market the project more, just not his style. What cha gonna do.
As the great Cramer sez. BUYBUYBUY
THIS IS THE TIME TO BUY NOT SELL
This stock will never be cheaper than NOW. Within Days we will see the News and Stock Rocket.
Bottom Line is if you have followed this little trail is:
1.Take what you read on this board with a Big Grain of Salt.
2.Do your own homework and most important is use your logical part of your brain, not the emotionally wound up one that permeates stock boards.
3. Do not be left on the launching pad and talking about the one that got away down the line.
IMO as Always and God Willing, you will Choose The Proper Door
DO NOT FALL FOR THE NEGATIVE CAMPAIGN WAGED
What we have experienced is known in penny stock circles as a bear shake. It is an attempt by those with opposite agendas ( short positions) than longs to try and get people to give up their shares in an attempt to cover. by making illusions of fear and scams etc.
Don't fall for it.
This stock price has moved downward in very peculiar and suspicious ways by those that control the markets. The advantage to you is these shares are dirt cheap compared to the potential value of 84 Sq. Miles of The Mountain that is Loaded with Gold, Copper and Silver.When the News Hits the Marketplace and smart people dissect the Joint Venture, you will wish you bought or did not sell, Period.
IMO as Usual and Choose Wisely
FUNDS SHOULD CLEAR WITHIN DAYS
The funds transfer from the Major Partner to Medinah Minerals was caught in a bureaucratic process, which is being worked through by the Partners Legal team at this moment.
Once clear a PR Campaign will follow and the SP Should Rise Dramatically.
This is real, no matter how it sounds, or what some say. Confirm Yourself and Check the Update below as was posted on the company website
Click Here > > Company Update Re Funds Issue
www.medinah-minerals.com/Q_A_012011.html
IMO as always and Good Luck with your Choice
THE JOINT VENTURE WAS SIGNED AND FUNDS COMMITTED
For those of you who are weighing buy or sell decisions, consider the following:
On or about Jan 13th, The money is in the middle of clearing govt agencies due to Homeland Security Red Tape. Check the company website to confirm.
This is not rocket science it is very simple. Many on this board are making this out to be some sort ot a train wreck,
Click Here > > Statement of JV Completion
http://www.medinah-minerals.com/Q_A_011511.html
IMO
Seller Beware.
Good Luck with your Choice
I anticipate substantial buying tomorrow.
Many realize this is a Market Maker Move and know we have a SIGNED JV, with the MONEY Clearing Govt Approvals. Nothing more. They have managed to move it downward. Smart Money Should move in so they can be part of possibly the largest Jr. Mining Joint Venture in Years.
Good Luck and Don't Let this Game Get you.
BUYBUYBUY
After they stated the JV is done. Why sell
YOu must be nutz, oh well cheapies,
YOu people are playing into their hands
UPDATE OUT UPDATE OUT
Hoping for News at 10
"Minor Banking Problem Now Considered Resolved"
Just tweeted.
Hold on and buybuybuy
The explanation will be the Funds are in.
Cheer up, your not sellin anyway, why whine?
Still the MM's Sandbox, they feed on the Clueless.
Being out today could be verrryyy costly.
little bitty sell orders and big buy orders should tell you what smart money is doing. Shares are moving into stronger hands and away from clown mgmt.
IMO
Same hoops to go through, just gotta wade through it.
I beleive it is the Partners Legal Dept, that is dealing with this, since it is their dropped ball.
The scenario couldn't have worked out better for shorty, enabling him to run his fear squeeze to shake the rookies down AGAIN.
Fortunately, it is only a Band Aid on a Broken Leg.
Good news is was able to maximize my horn o powder to squeeze a few more cheapies. My apololgies to whomever I bought them from. PM me in a couple days, and I'll send you a fruit basket
Goin Golfin, Tweet me when the funds arrive.
No Kiddin, Sad to Watch the Lost Sellin Souls
Another Bear Shake ho hum, here go the stop losses, lol
Okey Dokey Joey
Just Tweeted from TheMiningPlay
"Per latest rumors,expect announcement regarding receipt of JV funds anytime in the next day or two"
Now, That''s More Like it.
Get the Champagne Ready BABBBBBBYYYYY
Get tweeted latest Info at
http://twitter.com/TheMiningPlay , have them texted to your phone
Repost from MP re Shorty's Bad PR
Compliments of Geofear
"Some interesting reading....
I like the company we're beginning to keep. Apple, Kraft Foods, Bank of America, MEDINAH MINERALS !!!!
Does this answer the question if the MM are still trying to SHORT US?
g
www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 2644 companies with "abnormal" market making, 2837 companies with positive Friction Factors and 2568 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. ATMEL CORP (NASDAQ:ATML), APPLE INC (NASDAQ:AAPL), KRAFT FOODS INC-CLASS A (NYSE:KFT), BANK OF AMERICA CORP (NYSE:BAC), FINANCIAL SELECT SECTOR SPDR (NYSE:XLF), MEDINAH MINERALS INC (OTC:MDMN). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit www.buyins.net"
Ya think they are scrambling, the law doesn't matter much to them, for now?
Like you said earlier Jack,
It is Medinah and this is pretty much par for the course. I doubt seriously if it holds up the PR more than a few days, as the funds do appear to be in Transit and it just amounts to how long does it take to clear the bureaucratic tape and the proper govt agency to sign off on the transfer. I would think the partner has attorneys are working fast and furious before more heads roll in their legal dept any farther. I can only imagine that it definitely is somewhat embarassing to their CEO, to say the least, stumbling into a new business relationship is not good for anyone.
In the meantime, enjoy the Cheapies. I'll be bottom fishin, got al ittle powder left.
Repost from Kirk on MP
"This is considered an international deal because it involves companies in other countries. You also have the transfer of a considerable amount of money. When this comes into play it is no longer just a simple transfer. The government wants to know everyone that is involved in this deal and their principles. There are several post 9/11 reasons for this. They want to make sure who is really getting this kind of money. They worry that it could be a scheme to finance terrorist or it could be laundering money from organized crime. They also want to know the origin of the money. These kind of transfers involve multiple government agencies. They missed one of the agencies and that is why the transfer could not be done. Kirk"
To elaborate further on that post. Homeland Security apparently requires multiple agencies to do their due diligence on sizeable deposits and sign off on them once they confirm that no violation of the Patriot Act is a concern, or any bad guys are involved.
It appeared that the partner had missed one of the agencies when preparing the paperwork for the transfer.
It was also noted that the dates that were set were requested by the Major even though, LP and JJ did not want those dates established, I would assume that their history with Murphy riding shotgun had something to do with it but it sounds like the partner insisted on them. This does show their concern for us stockholders which is good.
Whether or not funds are traveling from foreign to domestic, domestic to foreign or domestic to domestic is irrelevant to homeland security, it all falls under the umbrella for Homeland Security and the Patriot Act due to international and domestic terrorism concerns and other security issues. Which is obviously designed for the safety of Americans and the USA, but can be very cumbersome in the business environment at the least due to the added bureacracy of moving money through the system.
IMO, the partner made a mistake of beginning the transfer process to close to the 15th, since it was such an important date, they did not allow themselves any wiggle room or business days in the event any screw ups occured, which obviously they did.
The resolution of this problem is underway and I am certain will be handled very soon, prob this week. Since virtually all govt offices were closed until today. The process probably could not get started till this morning. I am sure things are moving at break neck speed to right the wrong so we can properly announce the JV and begin the PR.
Anyone thinking of selling not buying based on this problem could be making the mistake of a lifetime, but that is just my opinion.
The announcement from the company regarding the situation is below, albeit not one of their better Q and A's but it was designed to just inform us there is an issue along with confirming the JV IS SIGNED:
From the Company Website Q and A Forum,
MEDINAH MINERALS Question & Answers, January 15, 2011
http://www.medinah-minerals.com/Q_A_011511.html
"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."
Key Phrases:
1. all the terms and conditions of the signed JVA contract remain in effect
2. The JVA partners emphasized their difficulty with legal and banking requirements causing this unexpected transactional delay (aka partner dropping of the ball)
3. Did I mention that; all the terms and conditions of the signed JVA contract remain in effect
Long and Strong, don't let shorty steal from you.
So Joe, not to test your intelligence any more than necessary as we don't want your migraines to return, but the good news is it does appear someone is telling them how to get the money very sooon.
TUP
JV SIGNED! MONEY in Transit
Compliments of George.
In a Nutshell
People that use boards to compare different stocks with totally different scenarios that had outcomes spun in a negative fashion for all to b nervous of. Frankly I will be buying from nervous NillY and Stupid Stop Loss Placer if they arrives, however, I hate to see people not knowing get scared off with this tactic.
If I cared I am sure I could come up with a dozen similar situations where the outcome went through the roof.
Not even close, 100% Garbage.
Amazes me how some people love to find something so abstractly different and compare it for whatever purposes they have. Oh well, may get more cheapies.
Papa, go to the medinah minerals corp site. Q and a forum, the q and a update dated jan 15th contains the confirmation of the signed JV.
HUGEEE