Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
but there will be a partner D for everyone else
Let' see if LP was lying about this week, and that will be a good indication as to what's in store. One thing is for sure, nothing is done, done, done in medinah until the money lands, and regardless of how good it looks, there is always a hick up, ALWAYS. Anything can happen between now and then. Some are speculating they just bought themselves 3 months,and can easily cancel the AGM, it does fall on mothers day after all,and knowing these guys, that will be excuse enough.
looks like someone knows something
after all, who would be selling the week that LP says we are done? And at these prices, only promoters will be making money selling free shares. Is it possible they are done with the back channel promotions,and it is all downhill from here? The back channels have certainly quieted up in the past 2 weeks, and probably did most of their selling into their spreading of lies. It looks like shareholders are starting to discuss options, brings a whole new meaning to Rick pertaining we are close. Close to taking action against the BOD. There will be a partner D, haven't been wrong yet, just ask Rawnoc
I think LP meant we are "done in "
looks like .035 is in the works for the near future . How's the T n' A looking?
LP says this week we are "done"
and next week we will be "Done, done" . The week after that we'll be "done, done, done", which leads us into March with a "done, done, done, done" . This is what mike gold referred to as the multi step process of closure. Exciting times indeed to be a medinah shareholder, no worries there
your focus seems to be out of focus
your track record speaks for itself. Saying you don't care what the wrench was shows that you are blind to what may be the most obvious clues, and possibly the reason why you are consistently wrong as to what is most important, and that is the closing of a FUNDED deal, and ultimately the monetization of the ADL. As to the personalities, let's just say that LP's personality has hurt a lot of people who trusted him. His right and wrongness means EVERYTHING to this investment, teaming up with a criminal partner proves it. Same goes for other personalities that mislead shareholders. I am not concerned with your ability to make the right decisions, but it is my prerogative if I care enough about others to outline how these "leaders" are leading them astray. Nuff said, have a great day.
The only thing that the due diligence you rely on has proven, is that it is consistently wrong, your track record speaks for itself. I will remind you in two months time of this conversation, regardless of the delays you claim are inherent in any deal, that when you say close, it means many months away. (reminds me of LP and his 17 years of "soon") And just so you know, there is no deal forthcoming, that's has become apparent through the lack of creativity in the back channel excuses. There will be a partner D though, that's guaranteed. That being said, I expect the stock to trade under LP's influence through this still mythical "deal", but I doubt it goes much higher than the 52 weeks high, which isn't that high, but a good trade nonetheless if you are smart enough to take it.
that's what I thought
You cannot find any official indication that we are close, because there aren't any. The last official word on the adl says they are still working on consummating a deal, which means we are likely months away from closure or onto partner D. Historically speaking, it was easy to see 3 months ago we were no where near close to finalization as you claimed. Taking all historical data and Lespeak on medinah into context, the same can be said today. We are months away from closure, or moving onto partner D.
fiction? ROFLMAO
Tell me Rick, what makes you think we are close at all, if it wasn't for the rumour mill? You have been making the same fictitious claims for months now. We have not been told by the company we are close, nor have they given any indication that they are far along in the process. The only thing official we have heard is that they are still working on it. The only fiction I see is this continued banter that we are close, all based on back channel information. Let me know where the company has officially said we are close. The statement we got does not say anything about being at the last stages
"As exciting as the Madre de Dios news is, we are nonetheless continuing to focus our daily efforts on doing everything appropriately possible to finalize and consummate a quality deal with a major joint venture partner with respect to the 1,573 Altos de Lipangue mining properties"
the company is still trying to finalize a deal
"doing everything appropriately possible to finalize and consummate a quality deal"
I don't think anyone's going to be falling for the "where's waldo" routine. Ever since the "wrench in the deal" ploy, the lies are going to be a lot harder to swallow. Shareholders can smell a repeat, can you? It appears you are no longer feeling like we are that close anymore "I personally don't share the same sense of finality "
"Current shareholders will certainly sell and probably move on in disgruntled fashion as confidence will be all but destroyed". Maybe you will sell and move on if this deal goes south, but please don't speak for every other shareholder. LP is very talented at what he does, he has kept this mining scam going for 16 years, don't doubt he won't have a new carrot to hold, even better than the current one. 17 years of shareholders hanging on proves what he is capable of. As far as a binary event, they were pushing a short squeeze 15 years ago. Maybe YOU only care what has happened since partner A and B, but there are some here who have been around 16 years, waiting for the promised binary event, and some have purchased shares upwards of 50 cents. I do listen to what Hand has to say,and his perspective is further reaching that yours. It helps to understand why these deals always get strung along,and eventually go south to know the whole history of medinah, not just the history you pertain is relevant. As to your question I will cite deocsta as saying that he sees 8 cents as a possible PPS if we land a deal. Maybe it will do double that, maybe more. We both know the stock went higher on a non funded deal. But I still ascertain that ex medinah prez is right on the money when he says LP would rather flip the stock than close a deal. 17 years of claiming "soon" and never delivering is all I need to know. You know, like those giant highway trucks medinah promised to be hauling ore?
And as to your claim that"the only attempts that mattered were the ones that were publicized" once again that is your opinion. I'm sure the history professor and many shareholders that were here prior would beg to differ. The carrot dangling torture was the same then as it is today. The spiritual gains were no different.
And Yes, the "partner C" deal could very well go south. After all, medinah has enemies powerful enough to throw a wrench at the deal, what makes you think our "enemies " are finished? ROFLMAO
Enjoy the night
"Even the company knows that they can't afford striking out a 3rd time."
says who, the company? Or are you putting words in their mouth? You seem to be forgetting there were prior attempts to partners A and B, so we are beyond the strike three you are out rhetoric. The whole "going to the notario" joke started before partners A and B,and the excuses then were very similar to what we have now. You may have good TA Rick, but when it comes to fundamentals, you seem to act oblivious to the fact we have a known stock manipulator running the show. Hence it should never be a surprise when the deals go south, because with this company, they always do. I have already heard one shareholder calling for partner D, so let's please not make unfounded claims that there will be no partner D. Its just a matter of time before shareholders will be begging for partner D, and congratulating the BOD for getting out of another lousy deal
there's been more than two jv failures.
How about 17 years of LP saying soon, how that's for getting stung for waiting around for a binary event? As far as LP flipping the stock, it was the ex president of medinah that said that LP would rather flip the stock than close a deal. And so far he's certainly been right about LP not closing a deal. LP has already been caught for stock manipulation and fraud in the past, and is also a well documented liar. As far as a trading range being muted between 4 and 6 cents, traders are more than happy with 20 % gains. I'm not suggesting this is a short term trading stock, but the opportunities are there, including the longer term swings. As far as your assumption that a "JV announcement this time around will likely come out of the blue one morning when it is legitimately finalized and funded without any risk of the JV partner defaulting", I will remind you of your batting record in regards to medinah finalizing a deal. Repeatedly you have told us it's a when not an if the deal closes,and repeatedly you have been wrong and the deals went south. One can still argue it's a when not an if, and when may be in five years. So far what we have been seeing in regards to log jams IE "enemies of medinah throwing a wrench in the deal" leads me to believe that JetPilot may be correct when he says he does not think a deal is forthcoming. Next week will be another bust, we'll be looking at the one after that for closure, but that one will be a bust too. Will there be trading opportunities? you bet.
when you say close you must mean 3 to 6 months
After all, it was around 3 months ago that you were also saying we were close. At the end of the day, it doesn't really matter how close you think we are, so far medinah has never delivered. What's really important is to act like we are close, in hopes it induces buying. That's LP's trick at least. He spreads his lies to his buddies, who happen to be sources for some shareholders. And then these lies make it to the boards, with the end goal of inducing buying. But then weeks will pass, filled with excuses like "one more signature, a last minute change, an augmentation, enemies of medinah throwing a wrench" followed 3 weeks later by "there's nothing left, bags are packed, travelling this week, this week is the one". Twitter office will be on high alert and so will shareholders. Unfortunately the week will pass, and we'll be back to "one last change etc". Of course all this anticipation and let downs make for great trading, which is what LP wants for his stock. The longs of course have to suffer through it all, until the final default. What's almost unbearable is watching the same shareholders fall for it time and time again, but alas this is what LP considers spiritual gains that the longs were destined to bare.
I'll prey for you Rick
You obviously know all about the monkey wrench, it was all over the MP board. As to not caring, it certainly put a wrench in your close to finalization claims. Created another great trading op though, take it.
yes, all goes back to LP
that is why no one knows what the monkey wrench was, and most likely afraid to ask (who wants to hear the dog almost ate the contract). The sources from posters on this forum do not lead back to LP. My point was GC capitol gets fed a lot of "information' and none of it comes true. Folks on mp talking about a conference call ROFLMAO, and they actually believe it. The only thing you can be sure of is there are going to be as many "next weeks" as LP and crew can come up with excuses. And like I said a few months back when Rick was claiming we were close to finalization, the log jams were only starting, with many, many more to come. The beauty of it all is how many trading ops all these log jams create. You gotta than LP for that, without his lies this stock would not be making the traders any money.
wrong, LP told him to lie to shareholders if he wants to keep getting paid, hence his "LP will be travelling to peru on the weekend" comment he made to a shareholder last week. Besides, where did you hear roberto was getting groomed? From GC capitol on MP ?ROFLMAO
Why don't you ask GC with his great sources what the monkey wrench was ? I have a feeling shareholders are afraid of the truth, which is that there was no monkey wrench, that true to form, LP was lying through his teeth. Notice how no one is pressing for answers on the monkey wrench issue? I wonder why? Head in the sand anyone?
Rick,are you curious what the monkey wrench was?
I am guessing that you would find this issue of a monkey wrench of utmost importance. After all, it certainly made a dent in your much touted "near finalization", but more importantly, if someone is capable of throwing a monkey wrench at the deal, what else are they capable of? IE, could these same people derail our deal all together? Worrisome to say the least.
Hey Rick, what was the supposed "monkey wrench"?
Do you think this was just noise from the north?
Rick doesn't appear to think so
the good thing is that according to Geoly, Volcan have finally given us the go ahead. Apparently this is the final final go ahead, as last week they gave us the go ahead. We are just waiting for them to give us the final, final, final go ahead, which as you guessed it, is expected next week. Unfortunately there will be one final adjustment that will need to be made to the contract,and then we'll get the go ahead from volcan.
Rick, are we still close to finalization?
or have you stopped listening to the noise from the north?
remember what I said a few months ago about the roadblocks?
There was no way medinah was close to finalizing then, and still isn't. They may have got away from the boogie man and his monkey wrench, but the fact that they claim there actually was a boogie man at all pretty much tells you medinah all you need to know. I think LP is losing his touch with all that booze consumption. He can still fool a few people though, from geoly :
"all issues resolved and back on track! LES told me there is nothing left..........
we are waiting on them to do what they are supposed to do now!!"
Right. Little does geoly realize that the last update pretty much says they are still looking for a partner. Read it anyway you like, but it certainly does not say they have a partner, yet alone a deal. Even if the stock does break out above 6 cents, I wouldn't expect it to stay there as there are no fundamentals to support it. LP's little pump and dump will trade between 4 and 6 cents, take it.
they do it on purpose
LP spreads lies to his buddies, who happen to be the sources for shareholders. This creates a lot of excitement/buying. After 2-3 weeks there is no follow through, stock flat lines,and then they come out with news saying they are still waiting to consummate a deal. Stock retreats, rinse and repeat. Rick's call for a breakout and possible entry at 6 cents was a sell signal
anyone believe these lies from the back channels?
" Yes we were very close last week for a finalized agreement. That was before someone threw a monkey wrench into the works. That monkey wrench has delay the original plans. That monkey wrench required an additional document that was prepared and notarized and sent to Group C. So now group C has to accept that document. If that document is accepted then the timeline will adjust at that point to a new finalization. After saying all this it is still in group C's hands as to when."
Rick, if this was a material change they needed to report, why did they wait a month to report it?
I'll tell you why. They waited until LP exhausted his back channel rumour mongering, and then offered this distraction. Many shareholders are aware this is only a distraction from the gorilla in the room, only the gullible, or those with agendas feel otherwise. 3 weeks ago the back channels said we were done, then two weeks, and then last week. And what do we hear, "one last document" and then "the boogie man set us back" . And now this week, nada. They bought a full month with LP's lies,and then drop this gem. On a positive note, the stock is retracing again, will which offer another trading opportunity based on LP's lies.
Just as predicted!!!!!!! (so much for near finalization Rick)
The carrot gets bigger but they never hand it over. It was just a matter of time before they threw in some new properties to sweeten the deal, while the much touted ADL deal is no where in sight. Like Jetpilot underlined
"we are nonetheless continuing to focus our daily efforts on doing everything appropriately possible to finalize and consummate a quality deal with a major joint venture partner with respect to the 1,573 Altos de Lipangue mining properties"
So much for LP travelling to Peru ROFLMAO They haven't even consummated a deal yet.
they would have a heart attack over there
at least over here there are some unbiased posters who's opinions are based on the companies actions, or lack of. I post MP quotes over here so everyone can see the gullibility of the MP shareholder base. Market seems to smell a rat my the name of LP and crew
ohoh, from geoly :If we didnt have to deal with JJ having to respond to what ever happened last week or the week before we would have had that deal announced and funded so I think we are at the last part of this journey and strongly feel it wont be long from here."
Where have we heard that before? This is looking worse and worse, at this point I think it is fair to say it's game over. But as always, they'll keep dangling the carrot for as long as shareholders can stand it.
this week is a bust
how do I know? : Twitter Office will be on high alert all this coming week.
latest rumour
Apparently LP was supposed to fly today to peru, which was confirmed by Roberto(medinah IR) on friday. Unfortunately when he arrived at the airport with his bags, they noticed he was tipsy and reminded him that he had already cancelled his flight earlier in the day. LP told them he had done no such thing, but as it turns out, someone had in fact called the airline and cancelled his flight today. Even though the call had been made from a blocked number, upon request, airline security were able to find out that the call had come from chile , from the house of you guessed it, bogdan himself. As it stands, the courts have mandated bogdan's buyback of medinah shares, and he has until next friday to finish up. The volume we saw last week was all bogdan buying, trying to make all his purchases before the jv gets announced. Luckily for him the next available flight that LP was able to secure is next thursday
they way I read it is his source in chile may actually know the truth about this deal
and the truth is ugly. If you posted what you posted here on MP, they would say you are trying to derail the deal
from geoly: " VOLCAN FINALLY COMMITTED TO THIS DEAL AND GAVE FINAL APPROVAL TO MOVE FORWARD. BUT THAT WAS ALL SIDE TRACKED WITH THE OTHER BS!"
This is akin to LP telling geoly the jv was forthcoming, on the day of the default. I hate to say it Rick, but if this is the sort of rumours you say are pointing to a finalization in the near term, I think you will be very disappointed. Looks like LP is throwing anything at the wall in hopes of it sticking
this is always the fun part
Every time the deal is due, all kinds of ridiculous excuses start popping up. They seam to be running out of good ones as the latest is down right pathetic. They are now claiming enemies of medinah are trying to throw a monkey wrench in the deal. ROFLMAO The worst part about it is that this would corroborate with Jetpilot's intel that says there is no deal forthcoming. When they start blaming others you know it's the beginning of the end. Expect decosta to do his best to distract shareholders from the gorilla in the room
the latest round of rumours is not to believe the rumours
Apparently there are some people that do not want medinah to succeed posting on mp, everyone should be on high alert in order to avoid a derailment of the JV. At least now we know what the delays are. On a positive note, volcan have given us the OK that the deal will get signed. That is a big relief as up to yesterday we still didn't have the OK. Now we are just waiting to sign it. It is unclear what we are waiting on, but speculation is high that LP is looking for an all you can drink flight to peru that serves aged scotch. Let's hope he finds one before we get derailed.
the con part has been more right than the "kabooms"
I mean seriously, how can you claim you are at the last stages of finalizing the funding (partner A) for 3 months in a row and then go, "woops". Same with Ulander, LP kept saying he was in full compliance, he even told Geoly the jv would close the day it was defaulted. Look at LP's track recorded of fraud and securities manipulation, and it's not too hard to claim he's a con man. But if he wasn't a con man and stock manipulator, the stock would not perform as well. So I'm not saying it's a bad thing that medinah promises and never delivers, but it helps to be aware of it. The funny part is how some people fall for all the BS. From geoly : " There are a lot of people here who DON'T WANT THIS TO HAPPEN SO STOP LISTENING TO EVERYTHING"
ROFLMAO, that's the worst line ever.
I don't believe he cares what people think, nor should he
It truly is hard to put a price on the entertainment value of watching shareholders falling for the same tricks over and over again. Smart shareholders know it's a con, and play the charts. The rest appear to be here for the spiritual gains acquired through the torture of being at the mercy of LP and his promotional crew. You have to revel at the mastery of having everyone convinced that next week is the one, for 17 years in a row. Whether Jet pilot's sources prove correct or not has no bearing on the stock price. I have no need to know specifics of Jetpilot's information, all you need to know is how many times geoly has said "we are there" . I would like to hear Rick ask decosta if his sources are also saying we are close, but I'm afraid nobody wants to hear the truth
I'm not surprised at what you found out
Generally the stronger the rumours, the less likelihood there is any deal in the works. At least with the amarant deal they didn't need all this back channel rumour mongering, because at least on paper they had a deal.
what's your take on LP and his peruvian travel plans
from geoly "EVERYONE needs to realize Les himself didn't know when he was supposed to be in Peru til they told him last night. I believe he was told and is getting things in ORDER! I say believe cause I have been trying to reach him and cannot get a hold of him on the phone."
if he was really travelling to peru to sign a jv with volcan, would we be hearing about it the way we have been? My impression is these are all lies.
yes, mining scams hold my interest too
According to Rick "Things should be getting increasingly interesting the next couple of days as rumors are perking up about finalization of the JV" I'm not sure what new rumours he's been hearing, but I certainly hope it is from a better the source than his source in November. What I am hearing is a repeat of previous deals "meetings went great, getting ready to travel" Also of note, a post from drewblood "The shares available to short w my offshore broker has decreased. Someone was shorting the stock IMO"
"Meanwhile, I'll make my money (and plenty of it) elsewhere. "
You keep reaching for that carrot, it's the best way to learn humility with medinah. The spiritual journey is unprecedented.
"Some of the other JV's are still cloaked in their NDA's. "
so in other words you never saw any proof that there were any partners? Other than that criminal ulander I mean, whom anyone with a brain would know he would never fund a deal, particularly with those ridiculous terms. Pie in the sky carrot deal for medinah shareholders aimed at selling many shares, and successfully. Reach for the carrot