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I agree but I don't think an AGM is going to be announced until they announce the deal is done.....and I mean done.
No...no they didn't make a mistake.....
Round,
The only part of your opinion I might take issue with is the date of the AGM and only because they have recently stated they will give a full 30 days notice on an AGM. I am going to guess the second week in September.....10th, 11th and 12th of September.:)
Bill
quoted you so how could i put words in your mouth. The most could be accused of is taking the quote out of context. I simply intended to point out that those words suggest to me that it (JV ro similar) is still undetermined. Am I wrong? Is that not the point because that was what I took from it. Sorry if I misunderstood you but you sounded a bit frustrated and it's hard to read between the lines sometimes. Most of us are not privy to Lespeak.
______
I think the easiest way to answer your BS is just to tell you you are wrong all the way around. The only thing I am frustrated about is the failure of the company to tell all the shareholders the truth. That would require they tell everyone what I know to be the truth.....
From discussions on Mining Play.....
I think we need to present the case to management for a reaction first Bill. You know I am not trying to dog this as I was the one to find out about the information then went to you and we certainly did a good job of working together to flush it out. LOL But who knew how far it would go. While I am not happy about the company not coming forward we all have too much at stake if there is any possibility of harm coming to a deal. Kirk
Actually Kirk our information is different. You get almost everything you post from Les. Some of it is accurate, but for the most part it's the same old song and dance...."next week". You and several others have always spoken with disdain for the information that has come from the Cerro side of the house. I think they at this time have some of the most accurate information out there right now. The idea that Les has lied to them to keep them from spreading information that Juan doesn't want out has been bantered about for months. I don't for a minute think Les is lying to Bill Hoffman. To do so would be such an invitation for trouble tha even Les doesn't want that. And let me say right now that Bill Hoffman doesnt tell anyone anything. But what he also won't do is lie to his shareholders and that gives us the opportunity to discuss what we have found out from other sources
The most truthful person I have spoken with is Juan. He doesn't know how to lie. He just talks and not just to me. I know at least one other person who has spoken with him in the last month on 2 occasions and the information he and I have received have been in direct contradiction to what you have said or posted and your information has been less than accurate. Having said that the information Juan gave about "20 days" was inaccurate also.
Do you actually know where we are right now? We, you and I, think we do. But what about the average investor who sits by his computer thinking that what he reads on MP is the gospel? They have the right to get the same truth you and I get. And please don't tell me they can call the same people we do and get the truth. I get calls all the time from people who have spoken with someone in the know and they don't know anything because the Mr. Know it all is an, and I am quoting now, "arrogant, condescending" prick.
AT what point do we say enough is enough? Next week, next month, 20 days?
I know for a fact that there is a written update that is ready to be posted on the web site from management. Why isn't it up there?
You can continue to wait all you want. I have no disire to hurt any deal, but at the same time I refuse to continue to be treated like a mushroom. They have absolutely no good excuse for not providing us timely and up to date information about what is going on. If they want to preempt what I have to say let them get off their dead butts and beat me to it.
I have a feeling they just might do that, but we will see..........
You need to read what I wrote, because I did not say that they don't have a deal. You keep putting words in my mouth and you'll be gone.
Gentlemen and Ladies,
I am assuming that most of you have heard many if not all of the rumors currently floating about Medinah and Cerro Dorado. It has become apparent to me from those I have spoken with today that there is a high probability there will be some kind of announcement/update/news coming from Medinah this week. Which of these it will be is yours and my best guess. Nobody and I mean nobody can tell you which it is.
Three weeks ago tomorrow night I spoke by phone with Juan Jose Quiano in Santiago. He told me several things that I did not know and have not shared publicly with anyone. I have spoken privately with many people since that time and shared the information he gave. I confirmed all of that information the following day during 2 conversations with Les Price, who also provided me with many additional details.
Since that time there have been many discussions in private and some not so private about what should be or not be done with this information. Most of it has filtered around the many groups involved in this and there have been many discussions about whether this information should be presented in a public forum.
At first it was decided that I would sign my name to a posting that would be joint between myself and Kirk. We felt that this would be an honest move on our part to keep the Medinah and Cerro shareholders apprised of what we knew to be the truth about what has going on. After further condsieration it was decide to give the company the opportunity to provide this information on their own. That has not happened even though there is the possiblity it could happen this week.
I was informed by one shareholder who has spoken with a member of the board of directors who was "aggravated" with me because we were going to do this. The only possible excuse anyone could have to be aggravated with me or anyone else is because we are doing their job for them at which they have failed miserably.
When we decided not to post the information about what we knew I was personally attacked by a share holder in a public forum for lacking the "backbone" to do what he thought ought to be done. As I explained to him and I will explain to you....when I decide to
post what could be construed as confidential information I will do it at my discretion not his or anyone else. My very large and personal investment makes it my decision not his nor anyone elses.
To that end I am advising every one that as of close of the market on Monday August 2nd I will, in the absence of a comprehensive update by the comapny or an announcement of the closure of a JV by that time, post all the information that has been given to me. I will delineate a time line of when it was told to me and by whom. I will tell everyone all that has been told to me and you may draw your own conclusions.
I will also at that time post any and all rumors I have heard within the last wek and you may again draw your own conclusions.
Enough of this horse chit is enough. There is ample evidence that we are or may be close to closing a deal. If that is true I would suggest to management that they all get off their butts and get this done. Because come Monday I will be doing somebody in managements job for them. AGAIN.........
My people say no later than the 6th.....
That hurts I was hoping you would change my bandage for me......LOL
I think I am about to get kicked off IHUB. Shelley just doesn't have the sense of humor I have and she doesn't like being called a biatch. OOH welll........see you boys over on MP.
Vianna,
Imagine how nervous the MM's are getting!!!!!
A friend of mine spoke with the original geologist who surveryed the property and he confirmed previous findings. The geologists had also spoken with geologists at the BLM and they confirmed that this whole area is "white hot". I have also heard the names of 3 companies that might be in the pool to by us out. All the names are very impressive.
Sit back and relax...the sixth isn't that far away.
wmo
I am thinking more the second weekend in September....but what the hell do I know?LOLOL
And Richard you have between right now and next Wednesday to get back in. Good luck to you.......
Looks like someone left $190 on the table...I'll spend that on a steak in Vegas at the Medinah AGM!.
It's as good as it gets....
Hand, remind me tomorrow about the AGM. I have some news about when.....
Karl I was told that some of Monks boys were buying CDCH today.
No comment.....
I hope so....I honestly don't know. It all depends on how hard they push Juan.
Block,
Just trying to keep it clean with no confusion......I don't think he has Medinah best at heart....kind of like a few others on here. LOL
TQW are you 57 chevy....?
You better hope it's Jane and not Cheetah......
If I knew I would tell everybody, but I honestly don't know. My guess is someitme next week.
Sorry Huard a Q&A is considered an update and it won't happen. The reason we got the Q&A last week was because the lawyers wanted Medinah to distance themselves from what the Doc was doing....nothing more nothing less. I would only be looking for an announcement......unless Juan has changed his mind about updates.
Everybody step away from the computer screen.....I hate to break this to all of you but Vince doesn't know squat. Sorry Vince but this has gone to far. Nobody understands your mind set like I do but we talk every day and I know you pulled the 9th out of your butt several weeks ago just to get a rise.
The problem is who really thinks anyone know anything? Do you really believe Kirk is the chosen one? Why Kirk? Why not Mike Gold? Or KMT?
The question is are we close? I think the answer is yes. How close? Who the hell knows? Nobody. I posted only what I was told and said it was Les' opinion. Nothing more nothing less.
And Karl Vince doesn't have inside information because he's not as stupid as some of us who sit in front of these f*()&&^g computer screens everyday looking for gold. He actually goes out and does stuff. I would suggest we all do that....and don't look for anything on the 9th....but if we do get something it will be pure luck and Vince will be unbearable to live with.....LOLOLOLOL
Hrdl if you don't believe me get off you dead ass and call him yourself.......
I heard you were passing the rumor amongst the powers on MP that you had been told the 2nd contract was coming on Tuesday and that they would be making a decision on Wednesday......any truth to that Mike or are you just not willing to share anything with us peons.
I don't like dates either, but I'm tired of being treated like dirt by Juan and if anybody can give me anything that makes me feel like we may be close and that person has some crediblity I think everybody ought to be apprised of the information so that they can at least have the information. Is it correct who the f&*( knows? Hell Les has been dragging you and everybody else around by their noses for at least as long as I've been here. And the little puppies over on MP pee all over themselves whenever they know something nobody else knows.
If you got something to share....share it or STFU!!!!
The part bout the 3 contracts is old news....not the when.
This post is for the IHUB board only and may not be reposted on any other site. That particularly applies to Mining Play....don't do it.
_______________________
Yesterday afternoon I spoke with Les Price about where we were with this fiasco we call Medinah. I had heard all the stories from Kirk and a few others about where we are but I decided to call him myself. To at least get the words straight from the horses mouth, to say you are going to get the truth....well that just ain't the case.
He read to me from an email that he was writing to another shareholder. He confirmed that they had 3 contracts on the table and were evaluating all of them for which would be the best one for Medinah. He said that after they picked the one they wanted and signed the deal and a check hit the bank they would be finished.
As always I asked the one question that I have asked since I started in this....WHEN?
Les told me that in his opinion Medinah should have something posted on their web site by no later than one week (next Friday). He was sincere and not hesitant at all in his proclamation. I thanked him and then hung up.
I called someone with whom I had been speaking just prior to calling Les and when I repeated my conversation he asked if it was going to be an update since Les made no mention of a PR, news release, etc. I told him I didn't think so as why post an update? So just to be absolutely sure I called Les back immediately and asked him if this post on the website would be an update already knowing in the back of my head that Juan had told me straight out over 2 weeks ago their would be no more updates. Les' question to me was why would Medinah post an update. He said it would only be in their interest to post only the "facts of the deal". And that he felt this would happen by next Friday.
As in all things I sometimes forget that when I call Les we are generally speaking 2 different forms of English so I called the preeminent scholar in the world in deciphering Les speak....Handshake.
After sharing the conversation and the steps I went thru to get clarification Shakes' opinion was that Les had laid his testicles out on the chopping block for me to cut off if this thing isn't announced within the time frame Les gave me.
Remember this is just Les' opinion. Ain't nothing sacred about it. And after 4 years I wouldn't personally hang my hat on it. Do your own DD and do not invest based on this or any other opinion except your own.
Actually Jack the guy that runs American Transfer is an SEC Attorney, who really knows his stuff. That coupled with the fact that he is according to those with whom I have spoken incredibly honest seems to make for a competent and trustworthy company. No matter how small......
Karl,
Not to steal Jethro Leroy Gibbs thunder but," You think Karl?"
Grateful,
1. Somebody needs to finish their side of the deal and bring a check.
2. The JV partner.
3. No we are waiting on one of them to chose us.
4.Yes.
5. No firm closing date not based on Juans demeanor.
It's insulting to me....I have never pumped this stock. What I have done is dig for information so that when idiots get on here and run their mouths about shit they really don't know anything about I can rebut their lack of intelligence and make fun of their ancestry.
And no the posting time was not intentional....I sat on the conversation to discuss it with some others whose opinions I value before I decided to post. And as I said I didn't post all the information I received.
You will have to ask Greg and Les that......
Super, I am in no way trying to start a pump. Ain't my job...are we on the same page?????
Eventually....
I finally took the time last night and called Juan in Santiago.
We had a long and interesting conversation. And while I would love to post all the highlights I have told Juan that I would keep most of the information to myself. I know that shrieks of BS on my part but I still said that I would keep it from public dissemination.
What I will tell you is to reconfirm things we already knew:
__we are dealing with some of the biggest mining companies in the world.
__we will get no further updates at this time until he post news about the JV. He is concerned that information could be leaked that will cause us to lose a deal and he intimated there are penalties built into the talks should that happen.
__I told him I had heard that we had received 4 offers( I had heard that yesterday)and he refused to confirm or deny.
__he pointed out to me that Escondida and another large mine had taken over 15 years to come to fruition....and no he didn't say it was going to take that long.
__as for a time line it was obvious to me that he did not want to get drug into that because of past performance on his part about how long it would take. My view is don't think it's happening "next week".
There are several more tidbits he offered but he asked that I not share those and I won't. Quite frankly I am not sure how much of those things he told me will ever come to fruition so it is best to dampen conversation about non starters just to keep it simple.
What I have told you is nothing more or less than the sum of all the BS that has been posted on these boards for the last 60 days since Greg and Les returned from Chile. I have simply put that BS into quantifiable form. In short, Juan is working very hard at it and will tell you about it when he finishes.
And one other thing if anybody tells you they know more than anybody else they are sadly mistaken or just plain lying to you.
It's not going to get you bumped off....you're wrong but it won't get you bumped off.
The words you are reading from Kirk on MP are from Les, not Greg. Greg is staying absolutely quiet. Les on the other hand can't seem to keep his mouth shut. Remember how quiet it was all around when Les and Greg were in Chile? And how loud it got the minute Les got back in town?
And there is no more negotiating going on....it's trying to get the lawyers to agree on words put into contract form. Some are even saying they are thru and that a partner has been chosen. And the deal is going to be announced....who know when.
Oh and one more thing....that wasn't an update it was a poorly written, badly worded, bunch of BS that should never have been put forth.
And you didn't get kicked off of MP for what you wrote but for your chickenshit attitude.
No problem Don....I think we are all a little crazy. I know I am....