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I'm not gonna like anyone again until I'm out of debt....and Wayne I don't know about the widow. You would think she might stll be around.
Actually Rick you need to rethink your strategy.....this is a 50 to 100 year mine. It will take a very long time to get to where this is worth a very large sum of money, ie in excess of $15. What is really going to happen is the JV partner will hit a big vein and make an offer for Medinah. At that point the MM's are going to have to cover. This short position is much bigger than everyone is talking and the price will spike very big and most will sell somewhere in the process. You, me and everybody else won't be here in 6 to 8 months.
God I hoope not. Buying stock back....waste of money. To buy back when these prices go up would be I think ridiculously short sighted and if it is offered I will be voting against it.
Why waste money buying shares...give to the shareholders in a dividend and make the MM's cover. Hurts more.
And no there will NOT be a reverse split. For a pink sheet stock this really is a relatively small float.
I hope you are right about the .08 for tomorrow. I won't mind being wrong....but for the .25 gotta have a JV announcement. And after the details come out about who the partner is and about the reserves I say $1.00 before we go to the AGM and that will be without a huge short squeeze. If we get the big squeeze.....katy bar the door!!!!!
Medinah is currently naked shorted by almost 1 billion shares as measured by Doc. And this is with only a 500 shareholders being counted. Remember there are 6700 shareholders....how much do you think it's shorted?
As I understand it Greg and the board is planning on making this a fully reporting pink sheet stock and then may move it to the OTC. No reason to move to anything bigger. Remember this should/is going to be nothing more than a funnel for dividends for share holders. This is the one big score for Medinah. There are rumors of other plans by some big players but not for Medinah.
Might make .08 tomorrow....no big runs until the announcement of a JV which will come next week. Then look for huge volume, possilby the JV partner doing some buying. I look for .25 up to .40 after the announcement within a couple of days.
.0498 x.05
Let's get a JV first and then Hand can think about hanging up the History.....the only thing that matters is the deal. Don't lose sight of that fact. Celebrations, money in the bank, paid bills, new cars, new homes.......put it out of your mind until the deal is announced.
Yes, Hand, you are correct about the ice cream but if it's really good ice cream who cares? Wayne enjoy the single malt.....in Vegas the first couple of bottles are on me.
Play nice boys....or you both go to a neutral corner for a break!!!!
Jack you really should do a little more homework on Antofagasta....there are some interesting people involved with them that are big time players in other fields in Chile. And Juan is not dictating terms to them. He is dictating terms to the primary JV partner. I would suggest you don't get to sure of yourself and what you think about this deal. Rumors are running that one geologist has said this could be the largest mineral find in the last 25 years....but hey that's just rumor.
For once jack you and I are in total agreement!!!! Now that is frugging amazing.....LOL
So they lied Jack. The CEO and CFO did not attend and Medinah put it in print anyway.......you know Jack sometimes you are such a douche bag..
Les is pushing for an update and Greg has said Q&A.....as I understand it they are now saying next week.
I think I can speak for Vince but I am certain we have never taken advantage of the companies no reporting status for ANY reason. I don't swing this stock I don't trade this stock I am to stupid to do that. I have tended to believe all the next weeks and next months and never wanted to be out of position. What a dumb ass I am huh????
What I think everyone wants to know is.....
Supposedly Juan's brother is very sick and does not have very long to live, as I understand it...lung cancer.
And I think what DV is saying is what I Have also heard....closing will be next Tuesday. Will it be announced at the same time? I have no idea. Is it really closing on Tuesday? WTFK.
Let me see if I understand the last 3 post.....you people actually expect the price of a penny stock to reflect comments made by one person on the internet? Only children and dogs would actually respond to something like that.
Actually he picked a partner on the 7th of July......
I deleted momos post as a personal attack which it was......but admin restored it. Wonder whose side they are on?????
I continue to be fascinated by how many people are totally ignorant of the Nevada rules concerning pink sheet stocks. You don't own the company until the company says you own the company and that ain't happening for a while.
Medinah incorporated in Nevada for a reason and that reason is that there is no requirement for transparency between the corporation and the share holders. That's why there hasn't been any and won't be until this is completed and management decides that an AGM is in order.
Take a break....gives your brains a rest and try something simple that you all can handle......tiddly winks would be a good idea for some of you.
Somebody knows something.....
I have to admit George it's good to be wrong..... .041! I am suprised! I bet Jack bought that just to make me look bad....
I am trying to tell all of you to take a deep breath and relax it'll happen when it happens.....and not before.
Do you know whether the JV is done or not? I am betting it's done and the buyers are some insiders getting in before the announcement.......and I am obviously more sure than you are.
Go back and read your post.....and you are wrong once again.
And you are wrong once again.....
It has been said a thousand times before....this will never get above .04 without a JV.
Sorry B.....that just ain't gonna happen.:)
Now that's funny.LOLOLOLOL
But Jack I've done a whole lot more in the last year than sit on my dead butt and whimper and whine about things like you have. It's obvious you do nothing but ride the coattails of everyone and then show your lack of IQ by running your mouth about anything Medinah and really don't know squat. When this hits and it will hit I hope you got the balls to show up in Vegas....but I doubt that you will either show up or that you've got the balls.
Probably....and I think I know who his partner was.....me. LOL
Seven. Dude, you're lucky you didn't get your ass kicked by an undermanned North Carolina team last night. Picking on me is way over your head this year.......LOLOLOL
There has been an awful lot of talking here by an awful lot of people with an awful lot of conjecture on what has happened and what will happen in the future.
Who's right and who's wrong? Damned if I know....but I do know a few things after 4 and a half years and hundreds if not thousands of hours digging info.
First, Medinah has managed to survive inspite of itself.
Second, nobody and I mean nobody has invested in this stock or CDCH ever thinking this was going to take this long.
Third, the only reason it has taken this long is because I honestly believe it has only recently come together. The land, the partners, the price of metals and the pressure to close.
Fourth, many here are here because there really is no where else to go. A few on here know my story and why I am in this as long and as deep as I am. I truly had no choice. It was a big score or nothing. I believe this is the big score.
Fifth, I can count 25 owners of Medinah stock who own and control the entire float. Now if you believe the numbers of how many stock holders there really are that means there are over 6000 other shareholders owning stock that is all in excess of
670 million shares. What is the average shareholder in that 6000 shareholder group holding? I honestly don't know but how many shares of a penny stock would you own even it you're just playing? 100,000? That's 600 million short. 200,000? 1.2 billion short. 500,000? 3 billion short.
Sixth, if this really does what it should do, assuming we have the resources in the ground on the Alto, it will be a life changing event for everyone who has had the patience, fortitude and probably the stupidity, at least in my case, to stay.
Now these may not be awe inspiring reasons to invest or to remain in a particular stock and there are many other things I could write down but these are for me the most pervasive. Oh and anybody been flipping this stock and making money at it good on ya. I don't have the smarts and was always afraid that if I sold at the high the announcement was going to come and I was going to screw myself.
I just hope that all of those who do stay and do make money plan to give some of it away to share your good fortune. I plan to if I ever get the chance.
You could be right....I am getting old and am given to seeing things that just aren't there......
Thank you Janice!!!!! I had already seen that one...I am thinking I have seen something in writing where the last remaining shares of common stock had been surrendered and that there was no more common stock outstanding.
I do appreciate you looking out for me.....
Does anybody here have a copy of the notice ( I think it was an 8k filing) that showed where the common stock shareholders fo nmgl gave up their common stock?
Two things:
Mining stocks trade at 6 times value, which is much better than gold stocks. Medinah is a junior mining stock.
We should all be shot if we don't have a management that addresses our concerns as shareholders when we leave Vegas. But hey I am just one voice in the wilderness.
It was deleted by Asmin because you need to watch your mouth....anything else????? Repost without the comment about Pamela and you should be okay.