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So what is the ownership percentage?
Hey Karl...
Isn't it going to be great to watch the back peddling when the big announcement hits before the end of September.
What was the most recent price of Gold/Silver/Copper/Moly. It looked like they are all on the move which makes the value of that hill in Chile worth a bit more wouldn't you agree.
Thanks for keeping it real.
thank you for clearing that up Karl. For some reason I thought that it was common practice to offer up your balance sheet in real time. I guess you have to wait for the quarter to end then? Thanks for the assistance.
Are you saying that no one has access to current, up to the minute Medinah Minerals financials?
Medinah started Monday September 10th at $0.1140 and ended Friday September 14th at $0.1150.
Man all that dumping really had a huge effect on the price of the stock.
I wonder what will happen when the general public gets a sniff of what is going on and they start buying 40+ million shares per day.
We don't need no stinking luck my friend but I would like you to show us your math and how you come up with the imaginary $20 million figure. Care to share?
I spoke with Les yesterday and what he told me is EXACTLY what is happening. If you have his number why don't you call him for yourself. He is a great guy to talk to and has been spot on with everything he has told me.
Regardless of where we close today or this week the current share price reflects a MASSIVE discount. The company has been dropping crumbs for the smart investor to follow. If you do some research on the mining sector you will know that the major mining firms are running out of quality material at their current operating mines and are scouring the planet for viable property in stable, mining friendly countries like Chile. We have a HUGE piece of property that is loaded with copper, moly, gold, silver and iron and once Amarant and their consortium start to drill holes in the mountain and the results come back better than expected the majors will be lining up with buy-out offers. That my friend will make the $0.14's look like the chump change that it is.
I'm off to the bank to make a deposit right now so I can buy more tomorrow. This stock is just to damn cheap.
hi to you too Krak. Been missing me?
I don't plan on selling anything anytime soon. I have covered my cost basis and am playing with a boat load of free shares. My plan is to stick around until the buy-out offers start coming in. With the majors mining companies stock piles dwindling they are on the hunt for great properties in stable countries which is exactly what we have here with Medinah and in Chile.
Why is the share price tanking? NOT!!!!
Looking good here boys. I sure could use some sage advice about what to do with my pocket change today. Absent of the usual noise I guess I will have to rely on my own wisdom and DD and buy buy buy.
Vindication is right around the corner.
I would also add that if this last week was a pump and dump that it was the quietest pump and dump in the history of pump and dumps. As a matter of fact everything Medinah is anti pump and dump. Trust me when I say that there are more than a handful of shareholders who wish the company would pump the LDM but they have a plan and they are working the plan.
Sit back and relax folks. Our day of vindication is coming.
DUDE!!!
No member of Medinah Minerals promised that Barrick was part of this deal and I challenge you to find where Larry, Greg, Les or JJ have EVER said anything about Barrick. EVER. I have been a shareholder for 7 years and have watched and read everything since then. Search all you like but you will NEVER find the BOD or JJ ever mentioning Barrick.
I've got a $100 if you can find me one quote. Happy searching
I'm not worried about the financials in the slightest. If you were paying attention you would have realized that the preliminary announcement has already been made. The announcement for the rest of the world is coming but for the smart investor the time to buy is now. Top floor...going up!!!
I haven't seen the latest financials so it's hard for me to extrapolate whether the deal has been funded as of today. I assume that since no one on this board works for Medinah then it is safe to say that you have not seen the financials either.
What I do know however is that everything is moving forward, the share price is holding in a nice range and there are many bright, sunny days on the horizon. I'm only preaching to the choir though as all the informed longs already knew this.
See you at the top.
Not to mention that they streamed it live via the web which you can still go back and watch. Super stealthy. NOT!!!
I feel stupid after reading todays nonsense...none of which talked about the formation of a mining consortium that is about to tear the top off a mountain and reap the benefits of all the PM's that will come with that effort. Wake up people. The best is yet to come. This is a Jr. miner that has built a great piece of property and is ready to monetize. It's the right piece of property in the right country with the exact right geopolitical climate. Even a monkey could run this show. Say what you will about history but none of that matters. This is now and that's all the smart money cares about. If you understand that this is a high risk high reward scenario and that 99% of the risk has already been taken out then you understand enough. If you choose I suggest diving in to the historical data provided on Miningplay. A true representation of the mountain provided by actual geologists can be found there. I expect the other properties that Medinah has in it's quiver to pay off handsomely as well and in the near future.
Consider me a fool Karl. I just keep watching my brokerage statement show profits. For me there will be no selling however until there are drill results and a buyout offer which will come shortly after. My average price is below $0.04 so I must have done something right. I would offer up good luck but if you have been following the bouncing ball you don't need any right. Bout time to blow the top of this mountain.
Everything Les Price has told me over the last 3 months has been spot on.
When all of the details come out there will be a contingent that will spend countless posts attempting to discredit the deal. I say wake the funk up. The deal is real, the mountain is real and the PM's in the mountain are real and appreciating everyday. Copy and paste tag lines from other message boards does not constitute due diligence.
I guess when yo have the ability to contact management it sets your mind at ease. No worries there.
AHHHHHHHHHHHHHHHHHHHH!!!!
Sweet revenge for naked shorting hard working companies for all these years. Hopefully the lipstick on this pig gets smeared around like a sorority girls warpaint after an evening at the Delta house.
Burn in hell Knight. Karma is a biotch son. See you sub $1.00.
Anyone who knows anything about this little Jr. miner knows that they are attached at the hip to MDMN. As she runs so will CDCH. The property is way to valuable and it sits strategically right next door to MDMN who as we all know just signed their purchase agreement.
no worries there unless you tried to flip this for a greedy little penny. Larger profits on the horizon my friends...much larger.
Hi folks. Rick, don't be surprised to hear that the Ciclon I & II properties have already been sold as yet another piece of the puzzle falls in to place.
Vindication is oh so sweet wouldn't you agree?
Thank you for that explanation. I am long and strong and looking forward to the upcoming information from JBII. As I see it everything is moving forward right on schedule. Hopefully we get some more information very soon. I just love watching those that don't believe what the company is doing, calling it a scam and all. Too funny.
Any thought on why no volume today? Thanks for the links on uplisting to all that responded.
Is there a website that can explain in laymans terms what is required of a company to uplist? Thanks.
Like I said...you have your opinion and I have mine. Let's let it play out and see who is right this time.
Come on Dean-O I'm still waiting for you to give us the name of Partner A. You said just yesterday that you knew who it was and as you are NEVER wrong around here why don't you educate us. Who was Partner A? Snore!!!
That's right Funky...next week you will stand in awe of your gain as Medinah blows it's top. Hopefully you will stay long and enjoy the ride.
Fire away Dean-O. Who was partner A and what proof do you have. As for the NDA I will ask again, what proof do you have that the NDA has been lifted.
As for the results not being from a lab...really? Are you saying that the company put the rocks into a hopper and then came up with those values all on their own? If that is your suggestion then i would suggest you do some homework on exactly how a company comes up with the percentages in the first place. It's an exact science my man.
Like I said in my previous post the 7000 shareholders are locked and loaded. Some have extra funds and are buying today. If I had free cash i would be a buyer as well.
My bet is that the company has a plan for the release of information. Sorry they didn't call you to ask how you would do it but don't feel bad, they didn't call me either.
Selah
LDM craparoonie?
I don't think so. When you make mention of "The market" would you care to put a number to the people that even know about Medinah at this point. Seeing as there are no PR's that would inform the broader investing public about what we just scraped off the ground one could conclude that "The market" for MDMN is rather small. I would suggest we wait until an official PR comes out on the LDM before making sweeping generalizations. No worries there.
Question of the year so far.
Good objective question Raw. To boot this was the initial sample that was taken from dirt that they scraped off the surface of the mountain. Some call this overburden. Now that they are moving INSIDE the mountain towards the first diamond drill hole where we have results that returned a much higher grade I believe we will see much higher values coming out very soon. Then of course as they move further inside from the first diamond drill hole to the second the grades will be even higher.
If you think that on the low side, 2.9 g/t from surface dirt is bad then I highly suggest you get out there and do some mining DD. That may just help you with your comfort level. Mine was already high because I read the geology reports before I invested my first dollar. If you haven't read them go to the ibox and start your education today. Drown out the NOISE around here and read what the professionals have to say about our little scam.
Hell Funky, if I knew how to flip I would have a much larger position by now. Got any tips?
5 companies/groups. 3 public and two private.
Speaking of the SEC or the DOJ... Have you done your part as a concerned citizen and notified them of your factual information that Medinah is a pump and dump scam. I'm sure they would be thrilled to hear/see all of your hard evidence. Saving a few investors from themselves via a message board is one thing, saving an entire investing group is quite a noble cause wouldn't you think.
Please provide a link that states that the "Set date" has come to pass.
My point exactly Funky. There is NO PROOF either way. Unless of course you have actually read the NDA in the first place and since no one on here is a member of the BOD then no one can say definitively that the NDA is void. It is pure speculation.
please provide a link that shows that the NDA from partner A is now void.
I would hardly call it wasting time on Medinah when you get in to the stock at the ground floor and ride it to the top. Sounds like smart investing to me. Of course you could invest in a major and watch it make small incremental moves up and down. If you invested in BHP 1 year ago you wold be facing massive losses right now yet no one is calling them a scam.
MARK IT!!!
Best post ever defending the one shareholder in MDMN that has worked tirelessly to provide the average investor with enough information to understand exactly what it is that you are buying into when you invest in Medinah Minerals. Anyone that takes the time to read the geologic history of the Alto will come to the conclusion that we are sitting on a behemoth of a mountain that is chalk full of gold/silver/copper/moly/iron
All good things in all good time. Thanks for the great summation Rick. All truth and no lies, what a novel concept.
Awesome DD, thanks for all your hard work.