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Contrary to the penny plays characterized by hype and dilution, I think we can only expect aggressive promotion after the float tightens up.
That, coupled with outstanding assay results should yield blue skies.
Respectfully, I suggest an interpretation of, say, the MACD to give us a suggestion to buy sell or hold MDMN.
Most here are familiar with the MACD at least, and would be able to follow along.
While sounding impressive, many of the terms used in TA are meaningless to some unless definitions and theory are presented along with...
What about MDMN? Is it now a buy?
I thought it turned the corner last Friday based on gut. What do you see based on technicals?
No sub penny for you...
Now we just need to maintain the uptrend and the volume and wait for production to kick in later this summer or early fall.
The only technical indicators we need to pay attention to here are the assays that will be reported in due time...and a possible tightening of available shares that could be accomplished either by a share buyback program or further accumulation by AUYRN.
The up trend is our friend..
Now let's see some volume!
Don't fold 'em...Hold 'em!
We're golden.
They should be able to mine the Caren economically as the ore is supposedly mostly free-milling and low sulphide. Means that they should only have to crush and mill the ore with gravity methods to concentrate the slurry for shipment to smelter. The cost in mining comes from treating highly refractive ores.
A big plus is that the vein is accesable from near the mine entrance and will, I believe, consist of a horizontal adit at the beginning.
We're golden!
Don't sell 'em, hold 'em..
Glad I held on to this puppy!
Heard elsewhere that Caren mine entrance would be completed August 20th, and vein showing very near entrance. Early fall should see some production if that is correct.
Is it cqorrect that production is scheduled to begin in August of this year? It mention this as news of production on schedule is our best hope of maintaining a share price at or above this level.
MDMN will be the only option for the public to invest in the ADL. I believe that is significant.
You are correct regarding the history. But what is fundamentally wrong going forward on the current deal with AUYRN?
Yes, the chart is abysmal.
But it should be mentioned that the fundamentals trump technicals here.
We've hitched our wagon to a real mining company!
Solid advice as pertains to MDMN.
Better to listen to time honored investment strategy.
Since MDMN's sole asset is it's 25% stake in AUYRN, AUYRN would have to have market cap of 6 billion dollars if our share price rose to a buck.
That puts it in company with Kinross, Anglo, and Yamana' major companies indeed.
The website and written communication via social media is a notch above what we've seen before in terms of quality.
I don't believe this is coming from Les or any of the B.O.D. specifically, but from an organized professional.
Keep us posted..
Thanks sir.
Can you please copy and paste that link to the tweets?
Will You provide the link please?
Still praying for sub penny? What kind of "investor" hopes for such a thing?
Where are my hip waders?. What a load of bull.
But you said bottom.
looks like I was correct on that call
You said
"This is bottom."
You said "this is bottom" four days ago.
Looks like you were not correct.
Very interesting.
No one knows if this is the bottom. The better educated prognosticators state that we'll have to wait a couple of months for results from limited early near surface production before seeing a change in pps.
3 to 15 times your money will be made.
Volume coming in.
Yeh, action time. Porpyrhy drilling will get this thing started. Gonna take awhile but once results are published and metals prices firm up, then we're talking.
I'm with ya. Let's get the red tape and rights of ingress out of the way and start drilling!
You said it!
This thing has strangled any meaningful discourse.
No fun at all. Fortunately I am in for only 134,000 shares at a cost basis of 5.2 cents per share. Many misfortunes have befallen the poor bagholders holding millions of shares while the thoughtless make light of their plight...
MDMMN is a fun and adventurous...
Stinky pinky???...There is another tale to be told for many caught up in this never ending story that is neither fun or adventurous...
One word...Madness...
For those sharing the third dimensional reality, time and money are of vast importance. Why be on a stock forum if this is not the case?
So money and time have no meaning for you? Medinah is the perfect fit then!
You seem to defy logic in your response...Time is money....and quite precious to right thinking investors...
Patience is gone. Share price down since the big reveal. You know only touting. All talk....