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Thanks EYS-I Keep Accumulating on the DIPS!
Day, after day, after day....
Scared? lol
I will soon be taking it to the bank, day, after day ... and year after year, IMO.
Is this the 1-in-100 junior that makes a world class discovery AND also gets it financed into production???
That's the million $$$ question we are all awaiting an answer to.
If you're in, you're in....
Those that have, know, and keep investing in the mountain!
Easy
CS-Suing for Damages for Client's Poor Portfolio Performance
lol Made my day ... Thank You! Thank You! Thank You!!!
There must be thousands, no Hundreds of Thousands of brokers currently defending lawsuits for client's Pink Sheet Portfolios that failed to perform! Brilliant theory CS ...
keep'm coming.
ROFLMAO
What profession did you say you practice in?
How did your former client like the advice you gave him that has definitely kept him from loosing all his money on MDMN?
I'd worry about a lawsuit on that one!
Easy
Darby, I Wouldn't Count On It
lol
Daily Chart is much more reliable, since this is definitely trending up.
If you work with Fibonacci numbers, we have seen wave 1 and 2, and just entering wave 3, which should take us to mid 20s or low 30s. After the announcement arrives, there will be no wave 4 or 5. The gap up after the PR will begin a whole new Fibonacci series and it's anyones guess where the pps will go from there, IMO.
If you are in, You Win!
Invested in the Mountain…
And that’s what counts!
Easy
Your requests of CS are unfair HR!
You know CS has expertise in the accounting field, not geology.
(He has likely poured over hundreds of Sarbane-Oxley (sic) reports generated by hundreds of pink sheet companies. He is therefore able to render his impeccable expert opinion on financial reports on MDMN that are beyond reproach.) lol
But to answer questions about geology? He knows this company so well after a few months that all he has to know is the Dr. Decosta report was written by a dentist, and therefore must be completely worthless! Why bother reading to see what it contains? Any fool can see that!
lol
Easy
Karl-Don’t Know About You, Or Any Other Longs
but I’ve added considerably since then.
... and yes, I was in the poll.
If you are in, You Win!
Invested in the Mountain…
And that’s what counts!
Easy
CS-"Remember Their PR's About Edgar and Sarbane-Oxley Compliance"
Are you sprouting wings & flying around your office yet?. lol
You must be as big a blatant liar as JJ, intentionally posting wrongful information! It's Sarbanes-Oxley!!!
Got it? Sarbanes-Oxley!!! (not Sarbane). Get it right next time!
If you are in, You Win!
Easy
I understand that there is no mistake
those guys can make many won't overlook, but I'll continue to expose them.
...surely he voiced his concern about the abusive naked shorting that has been holding MDMN down.
EYS-Will There Be Lots of DIPS This Week?
This week will be the start IMO of some great things.
TQW-HOLD ON ITS GOING TO GET ALOT BETTER
I agree 100% - enjoy your posts and point of view!
Hope you had an enjoyable weekend.
I know I did.
Easy
Abusive Naked Shorting Has Been Holding MDMN Down
I posted about the daily FTD reports being excessive as reported on the FINRA site and the FINRA rules defining and regulating FTDs. I never mentioned ANYTHING about naked shorting. Why did you? Do you not understand the difference between an FTD and an abusive naked short position? Hint - Naked short positions are generally "hidden" and not reported, otherwise they would fall under regulations of FINRA and the SEC. (Yes, FINRA and SEC are closely tied at the hip entities, although FINRA is an SRO and the SEC is Federal Governmental Regulatory agency. Easy for one to mistakenly label FINRA as an "arm of the SEC", IMO.)
Quite simply, in light of significant events about to take place which will be made public shortly, and which FINRA has requested and apparently received information about, would you expect to see the same 35%-55% of trades resulting in an FTD at the end of each day? I think it highly unlikely. As a result of the FINRA inquiry, when the JV is announced I believe FINRA will be looking more closely at whether bona fide market making results in daily FTDs of 35%-50%.
Invested in the Mountain…
And that’s what counts!
Easy
CS-Since You'd Like to Discuss What FINRA Does
and are off the Semantics of JJ stating that FINRA and the SEC are somehow connected and intertwined in their rules are you Familiar with this FINRA Rule (MDMN consistently has 35-55% FTDs at the end of each trading day regardless of volume):
FINRA 4320. Short Sale Delivery Requirements
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act:
(A) for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and for which on each settlement day during the five consecutive settlement day period, the reported last sale during normal market hours for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more, provided that if there is no reported last sale on a particular settlement day, then the price used to value the position on such settlement day would be the previously reported last sale; and
(B) is included on a list published by FINRA.
A security shall cease to be a non-reporting threshold security if the aggregate fail to deliver position at a registered clearing agency does not meet or exceed either of the threshold tests specified in paragraph (e)(2)(A) of this Rule for five consecutive settlement days.
(3) the term “participant” means a participant as defined in Section 3(a)(24) of the Exchange Act, that is a FINRA member. The term “registered clearing agency” means a clearing agency, as defined in Section 3(a)(23)(A) of the Exchange Act, that is registered with the SEC pursuant to Section 17A of the Exchange Act.
(This is 3(a)(23)(A): The term "clearing agency" means any person who acts as an intermediary in making payments or deliveries or both in connection with transactions in securities or who provides facilities for comparison of data respecting the terms of settlement of securities transactions, to reduce the number of settlements of securities transactions, or for the allocation of securities settlement responsibilities. Such term also means any person, such as a securities depository, who (i) acts as a custodian of securities in connection with a system for the central handling of securities whereby all securities of a particular class or series of any issuer deposited within the system are treated as fungible and may be transferred, loaned, or pledged by bookkeeping entry without physical delivery of securities certificates, or (ii) otherwise permits or facilitates the settlement of securities transactions or the hypothecation or lending of securities without physical delivery of securities certificates.
(5) the term “settlement day” means any business day on which deliveries of securities and payments of money may be made through the facilities of a registered clearing agency.
CS-"Loosely Speaking, My Dogs Are Licensed Professionals"
lol - Good One!
Meanwhile, I'm taking this investment to the bank!
How'r you and your "licensed professionals" doing on your "investment" of time on this company?
I'd venture to say my time and money here are going to make a profit.
Can you say the same?
Invested in the Mountain…
And that’s what counts!
Easy
Core-You Repeatedly Play Semantics
rather than dealing in hard facts.
JJ claims that FINRA is an arm of the SEC. This is not factual. This is rather, a lie.
So I ask you, why would JJ make that statement (which is indisputably false), and if JJ lies about that, why would you believe anything else he says?
CS - "my head is still swimming"
A "JJ to English" google translation says "not be deemed fully completed'" is analogous to "almost pregnant".
Please don't pretend to understand my investing disciplines. If this baby looks real and the numbers suggest PPS is discounted, I'll be happy to share the Kool-Aid!
Sorry, I missed your Q.
Quote:
Will you be buying when the announcement comes?"
No, I won't. For three reasons, at least:
1. If you guys do get the 1 in a million lottery pick and I'm wrong, it will be too late for a cheap entry
2. It would be hypocritical on my part
and
3. Judging from only the Q&A's and "news", I fully believe JJ & Co. are capable of announcing a JV that really isn't.
CS-"In any event, you'll see, soon enough."
For once you are right! Soon has come.
Maybe you too will see, "soon".
But then again, for someone who has never owned a share, and never will, you could be a little more open minded concerning what is about to happen, IMHO. Didn't you state that even if the deal comes through you still wouldn't believe it, or something to that effect?
3. Judging from only the Q&A's and "news", I fully believe JJ & Co. are capable of announcing a JV that really isn't. ...
Anyway, I appreciate your sentiments when you say:
Best of luck in MDMN et al...
Easyily Said When You're Standing on the Goal-Line!
Let's put on a pair of shorts, honor our brave standing and fallen troops that have served our country so admirably over the years and debate Medinah on Tuesday.
Certainly I believe the SEC-NO NAKED SHORT
has ever existed in any stock. If it did, Reg Sho certainly fixed it!
Just FYI...
A Series Regarding the Corruption and the NSS Situation:
For anyone that missed the first six chapters, here they are. Number 7 is already on the site.
Chapter 1: Was the United States Attacked by Financial Terrorists?
Chapeter 2: The “Money Weapon” and a Jihad Bigger than Bin Laden
Chapter 3: Michael Milken and the BCCI Criminal Enterprise
Chapter 4: Michael Milken, the Mafia, and Some Powerful Hedge Funds
Chapter 5: The Russians, their Friends, and Bernie Madoff’s Bear Markets
Chapter 6: Man Financial and Al Qaeda’s Wash Trades
http://www.deepcapture.com/
"Then covers that sale before the end
of the day."
The fact that they don't cover by the end of the day is what puts them on the RegShow list at the end of the day.
Were it truly short, the stock would appear on the Reg Sho threshold security list, at least once in a while.
Latest Short Position On CDCH, 2k Shares!
Every pinkie has massive FTDs. Nature of an FTD.
"I was wondering where all those cheap shares were coming from"
Hawk, A few of them may be coming from "thin air", IMHO.
Today's RegShow is 60.9% FTDs, whatever that means, lol.
That's right! Out of 123,296 shares traded ( very low volume), 75,075 were Fail to Delivers!
Can't tell me shares were that hard for MMs to locate at the end of the day, or can you?
Invested in the Mountain…
And that’s what counts!
Easy
|75075|0|123296
HR-Your Arguments For an Existing Joint Venture
vs a "potential" Joint Venture are more than convincing.
and...
If arguments were wings, we would be seeing someone flying around his office right now!
lol
Invested in the Mountain…
And that’s what counts!
Easy
Oops! Really CS, 25 - 50 Million Shares?
How did you arrive at numbers like that?
I think you just made that up! IMHO
Easy
AH, SO YOUR NUMBER COULD BE WAY HIGH!
As you know, I said I would welcome a large number of shares sold at these levels, and being used to finance getting drills in the ground at this stage. 11 million, or 50 million shares would be several million $$$, and would be quite enough to start the drilling. Not needed when the tranche comes through, and it will, IMHO. That is the main reason your numbers are way high and of doubtful merit.
If there is a JVA acknowledged by a REAL major, or group thereof, I would certainly acknowledge that I was wrong.
And if I sprout wings, I will certainly fly around my office.
TR-I Had No Idea What We're Up Against!
Jack, just read HR's post. eom
that is relevant, as I'm sure you agree
"know what we own"
Absolutely!!! What we own in mineral wealth is entirely relevant.
CS-Your guessing game here is quite absurd, again, though.
Between 25M and 50M shares "given away" ... not even remotely possible. If a large number of shares were sold and being used to finance getting drills in the ground at this stage, I'd say several million dollars worth of shares may be feasible to begin a drilling project and yes, I would welcome that.
That would need to be announced, and hasn't been, so your bad guess not very likely.
Have a nice day.
Oh, and your absence of a rebuttal says so much more than your failure to answer a simple question. Would you invest in MDMN if an announcement of a tranche or deal in the $100s of millions comes in?
lol
Invested in the Mountain…
And that’s what counts!
Easy
Rick, Looks like You've Been Right on This
all aLONG. There are hedges, and there are hedges. lol
Keep up the good work on all your postings, especially the informative ones!
You've been "spot on" so many points...
Invested in the Mountain…
And that’s what counts!
Easy
"I said I don't believe a deal will come through"
(Not having a bad day here at all, thanks ... Bad guess ... are you?)
I must have "misunderstood" what you said in post post# 36003 when you stated:
3. Judging from only the Q&A's and "news", I fully believe JJ & Co. are capable of announcing a JV that really isn't.
I said I don't believe a deal will come through, and may have alluded to suspicion about an announced deal which includes partners no one has ever heard of and initial funding that is paltry (say, less than ten million, that should be a reasonable threshold), but no, I didn't say what you said.
"concede these statements are meaningless"
"So, let's cut to the bone and examine our evidence (in English)-"
Actually, your conclusions and statements are largely without merit, IMO.
Conjecture-The company is trying to finalize a deal
Fact: The company has stated it has a signed JV
Misinterpretation-The company got a letter or fax saying that money, a necessary ingredient for the JV to exist, is in "the last stage of transfer:" (whatever that means)
Fact: The company never stated it had a FAX or letter
Interpretation-Without money in MDMN's hands (e.g. we have verified funds) we DO NOT HAVE A JOINT VENTURE AGREEMENT
Fact: The JV is signed and tranche is forthcoming as stated by the company
CS-For someone who has never owned a share, and never will, you could have a little more open mind concerning what is about to happen, IMHO. Didn't you state that even if the deal comes through you still wouldn't believe it?
lol
Invested in the Mountain…
And that’s what counts!
Easy
Huh, If your Whale is Hemorrhaging Shares
why are the MMs short on shares all the time?
... bordering on the absurd there CS!
lol
Invested in the Mountain…
And that’s what counts!
Easy
"Didn't even get half way there. 1.379MM shares"
Only 1,379,213 shares traded today ... and Yep! ... it's amazing 743,834, a full 53.9% of those shares traded couldn't be located by the MMs at the close, according to RegSho.finra.org.
Wonder why...
lol
Invested in the Mountain…
And that’s what counts!
Easy
Kezzek - All longs are looking to sell!
The question is when and for how much.
$1, $5, $10 or $20?
lol
Invested in the Mountain…
And that’s what counts!
Easy
"DIPS show up day after day"
Yes ... and as with any good stock are to be expected.
A few investors do sell from fear of seeing gains lost on an initial investment of 0.02-0.04 and will run with it. A profit is a profit. However the value of the mountain says this will go much, much higher. The confidence level of those that have done the DD over the years will reap substantial rewards from the current level, IMO.
The DIPS will be of little consequence when the tranche is received and announced.
Invested in the Mountain…
And that’s what counts!
Easy
EatYourShorts-Longs Here Know All About the DIPS!
Watching board ever closer for NEWS ... lol
Thanks
Invested in the Mountain…
And that’s what counts!
Easy
Yes, Eats - Longs Here Ready for DIPS!
Watching board closely for NEWS ... lol
Thanks
Invested in the Mountain…
And that’s what counts!
Easy
Actually, kezzek, Your Conclusion Is Once Again Incorrect:
- naked shorting on MDMN is easy and rampant
- forced buyins never occur
Ex–clearing counterfeiting — The second tier of counterfeiting occurs at the broker dealer level. This is called ex–clearing. Multiple tricks are utilized for the purpose of disguising naked shorts that are fails–to–deliver as disclosed shorts, which means that a share has been borrowed. They also make naked shorts “invisible” to the system so they don’t become fails–to–deliver, which is the only thing the SEC tracks.
Some of the tricks are as follows:
Stock sales are either a long sale or a short sale. When a stock is transacted the broker checks the appropriate box. By mismarking the trading ticket –checking the long box when it is actually a short sale the short never shows up, unless they get caught, which doesn’t happen often. The position usually gets reconciled when the short covers.
Settlement of stock transactions is supposed to occur within three days, at which time a naked short should become a fail–to–deliver, however the SEC routinely and automatically grants a number of extensions before the naked short gets reported as a fail–to–deliver. Most of the short hedge funds and broker dealers have multiple entities, many offshore, so they sell large naked short positions from entity to entity. Position rolls, as they are called, are frequently done broker to broker, or hedge fund to hedge fund, in block trades that never appear on an exchange. Each movement resets the time clock for the naked position becoming a fail–to–deliver and is a means of quickly getting a company off of the SHO threshold list.
The prime brokers may do a buy–in of a naked short position. If they tell the short hedge fund that we are going to buy–in at 3:59 EST on Friday, the hedge fund naked shorts into their own buy–in (or has a co–conspirator do it) and rolls their position, hence circumventing Reg SHO.
Most of the large broker dealers operate internationally, so when regulators come in (they almost always “call ahead”) or compliance people come in (ditto), large naked positions are moved out of the country and returned at a later date.
The stock lend is enormously profitable for the broker dealers who charge the short sellers large fees for the “borrowed” shares, whether they are real or counterfeit. When shares are loaned to a short, they are supposed to remain with the short until he covers his position by purchasing real shares. The broker dealers do one–day lends, which enables the short to identify to the SEC the account that shares were borrowed from. As soon as the report is sent in, the shares are returned to the broker dealer to be loaned to the next short. This allows eight to ten shorts to borrow the same shares, resetting the SHO–fail–to–deliver clock each time, which makes all of the counterfeit shares look like legitimate shares. The broker dealers charge each short for the stock lend.
Margin account buyers, because of loopholes in the rules, inadvertently aid the shorts. If short A sells a naked short he has three days to deliver a borrowed share. If the counterfeit share is purchased in a margin account, it is immediately put into the stock lend and, for a fee, is available as a borrowed share to the short who counterfeited it in the first place. This process is perpetually fluid with multiple parties, but it serves to create more counterfeit shares and is an example of how a counterfeit share gets “laundered” into a legitimate borrowed share.
Margin account agreements give the broker dealers the right to lend those shares without notifying the account owner. Shares held in cash accounts, IRA accounts and any restricted shares are not supposed to be loaned without express consent from the account owner. Broker dealers have been known to change cash accounts to margin accounts without telling the owner, take shares from IRA accounts, take shares from cash accounts and lend restricted shares. One of the prime brokers recently took a million shares from cash accounts of the company’s founding investors without telling the owners or the stockbroker who represented ownership. The shares were put into the stock lend, which got the company off the SHO threshold list, and opened the door for more manipulative shorting.
This is a sample of tactics used. For a company that is under attack, the counterfeit shares that exist at this ex–clearing tier can be ten or twenty times the number of fails–to–deliver, which is the only category tracked and policed by the SEC.
Kezzek-Major Loophole Intentionally Left In Reg SHO
Read Below to see why MDMN's absence since 2005 from RegSho List is not of significance to a stock if it has been shorted (or naked shorted) for more than a decade:
Fails–to–Deliver — If a short seller cannot borrow a share and deliver that share to the person who purchased the (short) share within the three days allowed for settlement of the trade, it becomes a fail–to–deliver and hence a counterfeit share; however the share is transacted by the exchanges and the DTC as if it were real. Regulation SHO, implemented in January 2005 by the SEC, was supposed to end wholesale fails–to–deliver, but all it really did was cause the industry to exploit other loopholes, of which there are plenty...
Since forced buy–ins rarely occur, the other consequences of having a fail–to–deliver are inconsequential, so it is frequently ignored. Enough fails–to–deliver in a given stock will get that stock on the SHO list, (the SEC’s list of stocks that have excessive fails–to–deliver) – which should (but rarely does) see increased enforcement. Penalties amount to a slap on the wrist, so large fails–to–deliver positions for victim companies have remained for months and years.
A major loophole that was intentionally left in Reg SHO was the grandfathering in of all pre–SHO naked shorting. This rule is akin to telling bank robbers, “If you make it to the front door of the bank before the cops arrive, the theft is okay.”
Only the DTC knows for certain how many short shares are perpetual fails–to–deliver, but it is most likely in the billions. In 1998, REFCO, a large short hedge fund, filed bankruptcy and was unable to meet margin calls on their naked short shares. Under this scenario, the broker dealers are the next line of financial responsibility. The number of shares that allegedly should have been bought in was 400,000,000, but that probably never happened. The DTC — owned by the broker dealers — just buried 400,000,000 counterfeit shares in their system, where they allegedly remain — grandfathered into “legitimacy” by the SEC. Because they are grandfathered into “legitimacy”, the SEC, DTC and prime brokers pretend they are no longer fails–to–deliver, even though the victim companies have permanently suffered a 400 million share dilution in their stock.
Three months prior to SHO, the aggregate fails–to–deliver on the NASDAQ and the NYSE averaged about 150 million shares a day. Three months after SHO it dropped by about 20 million, as counterfeit shares found new hiding places...
It is noteworthy that aggregate fails–to–deliver are the only indices of counterfeit shares that the DTC and the prime brokers report to the SEC. The bulk of the counterfeiting remains undisclosed, so don’t be deceived when the SEC and the industry minimize the fails–to–deliver information. It is akin to the lookout on the Titanic reporting an ice cube ahead.
The above is from a much longer article on NSS. I point it out only because it is relevant as to why MDMN's absence from the RegShow list since 2005 is not of much relevance here. Even if a large NSS exists it is of little relevance to continue to post about it, as it won't be proved or disproved in the short term, IMO.
Invested in the Mountain…
And that’s what counts!
Easy
Yes, Rick!
Looking to me like a few MMs are about to have the their clocks cleaned, and will be wishing they had paid a little better attention to valuations, just IMO. Can you say CATACLYSMIC? lol
As we both know, Naked Shorts is not where the valuation is here, but naked shorts are not reported anywhere, either ... not on RegSho (FTDs - sales not covered within 3 days) or on OTC pinksheets. As far as I can tell, shorts that are reported on the OTCs are merely FTDs that have not been covered within the 13 day requirement.
The Value is in the Mountain...
and That's What Counts!
Easy
Well, Core you responded to my post exhaustively.
Like it or not, I did you "the courtesy" of answering your 7 questions.
Counterpoints are bordering on the absurd, IMO.
Carry on…You win and can keep the last word. I only post here occasionally. With your unsurpassed professionalism, your posts stand above all others.
With all due respect, I’ll not waste my time, or yours, engaging your every repartee. As you have aptly pointed out, we are worlds apart on where we view this investment. I know where I'll be taking my view. I’ll just have to stay content with being invested in the mountain and taking it to the bank, even if it takes another 5 years. Where do you intend to take yours? lol
You did, however, fail to address the irrefutable fact below, or answer my question to you:
“As you are aware, there is a very clear statement by the company that they are under an NDA. They have also clearly stated they have a signed JV. Time will tell. Will you be buying when the announcement comes?"
Core, Thanks for the "Gentle" Reminder
"SInce I took the time to answer your questions, why didn't your return the courtesy responding to the 7 very simple questions I asked you? I didn't even ask you for any type of personal disclosure??"
Ask yourself, are "banking issues", "homeland security", "hedge/mezz complexities" really reasonable reasons for what MDMN is experiencing right now, especially considering the history?
Followed the company for better part of 5 years, but haven’t followed rumors as facts. Why do you?
If you did not own stock, would you believe any of this, even for a second?
I do own the stock, so not a hypothetical I could readily answer.
Why do you think some are whitewashing Les's record?
How could there be any honorable intention behind that?
I don’t consider Les’s record a whitewash, especially when he was later targeted as part of an FBI sting and acquitted. I have read the accounts of what transpired 30+ years ago, and believe he did what was necessary to protect a stock company. I'll remind you the Huff/Donnelly case was a CIVIL litigation regarding Les’s company, “CUMO” Resources. The stock ended up going from $0.65 to $39.70. He did not contest the court case and repaid the plantiffs for his wrong doing. He knew it was wrong, did not contest the allegations, and repaid it 10 fold or more. The stock in question, as you already know, was clearly being hammered by MM’s naked shorts, and there was no other avenue available to fight the short attack. Again, Les did not contest the allegations, and more than “made whole” the plantiffs in the case. I consider the Les of today older, but wiser, and not likely to repeat mistakes of his youth. Again, I do not follow the rumors, only facts.
Why do you think the company delivers financials that by any ascertainable standard, equate to complete garbage?
I find the financials illusive. They are not required at this stage of a pink.
Why do you think the the PRs and Q&As are so clownish, pretending that translation errors are behind the meaningless opaqueness?
Actually, I find you are being needlessly petty in your constant assertions that are more than open to interpretation to investors.
When you read something as insipid as "Company Management has today received written documentation that the first tranche of funds, necessary to complete the initial catalyst part of the Joint Venture Agreement, are finally in the last stage of transfer to the Company bank account. Management will continue to monitor the funding process, on a daily basis, until we can affirm and report that the Company is in verified possession of funds received from our Joint Venture Agreement partners" don't you feel that something "just isn't right"?
Aside from your run-on sentence, Yes, definitely I feel something is wrong. Is there a reason to continuously use purposefully inflammatory language in posts to defame the company? It is frustrating for investors having to wait for the announcement of the tranche, and release of the JV news. It is not very frustrating for those with no position. Regardless of what the company does not do, what the company does, or says, the main factor here is what the mountain contains and when will the company finally deliver. As you are aware, there is a very clear statement by the company that they are under an NDA. They have also clearly stated they have a signed JV. Time will tell. Will you be buying when the announcement comes?
Invested in the Mountain…
And that’s what counts!
Easy