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Posted on auryn pinks overnite. nothing new and no indication as to when the restrictions might be released on the auryn shares and distributed to the mdmn shareholders. Finally reported that the big H walked away from the property without doing any of the contracted drilling-- Auryn still does not even have a bank account so one wonders how they can pay their bills???
Todays the due date but nothing yet at close
Auryn year end filings are to be posted on the pinks march 31 -- we will see if they have anything truthful to tease us!!!!
They could do that but what they have demonstrated to date is they probably dont have the ability to complete an agreement of any substance as they cant even get out of their way to demonstrate proper markets nor the ability to communicate anything to the shareholders. The contract with the big H was nothing more that two insiders scratching each others back with no intent to do anything serious on the ldm properties.
Right they got the entire property for not a single cent of cash.--- However, what was the purpose when they have done absolutely nothing with it??? They managed to load themselves up with a ton of stock in aumc, amnp and mdmn but have no real market in any of them
After a lot of going around yesterday i am now of the opinion that the auryn stock distribution remains in the distant future, if ever. Muarizio and goodin must come to the aid of auryn with some positive development news, which i find should not be so difficult with the rapid increase of the price of coper and gold However, who know what is in the mind of maurizio??
With the big news announcement today auyrn was down 29 percent on the HUGE volume of ten thousand shares. If they ever distribute the auryn shares to the mdmn shareholders it will take many years at this rate for the 4000 mdmn shareholders to realize anything!!! The year end disclosure for auryn is due shortly and maybe it will contain some good news going forward (hopefully)
Walter Casquino, ONE of maurizios big guns from Peru, resigned from all his positions at Auryn today. Is this the start of a mass exodus???
Seems to me that they really do not have a plan. At least raul does reply to you even if he doesnt say much other that wait wait and wait. Why doesnt he just distribute the shares to the mdmn shareholders and let us wait,, at lest with something in our hands??? As this has taken so long the shareholders of today are not all the same ones of 3 years ago and anyone that did have to sell will no longer get the allocation. Doesent seem fair to me!!!!
Every year since maurizio took control of mdmn, cdch and amnp he has made a big issue about their participation in the Toronto Prospectors convention in march. This at least gave shareholder an opportunity to attend and visit with the whole mdmn-- auryn team and question them at length. THe convention starts this week and no sign of maurizio goodin and raul anywhere?? Has anyone seen anything that i might of missed?????.
Unfortunately Maurizio, at the Toronto convention in march, 2019, told everyone the distribution would be done in two weeks. As maurizio is the head honcho of auryn chile, and auryn usa,, he should be believed??? Menzies went to Toronto and came back spreading all the wonderful news as he swallowed Maurizios B--- sh--. Nothing has changed since!!!!
On THE 4th day of february 2019, now plus 2 years ago, medinah announced to the world that it had received the shares of auryn and they would be distributed pro rata to mdmn shareholders. In january, 2021, raul, the president, also announced that he was working on the share distribution. In other words, we are getting the same story 2 years later with no reasons for the delay or if there ever will be a timetable for the distribution. Might be a good idea for a bunch of shareholders write to Raul and ask him what realLy is going on!!!
The great news is that the value of the property has increased multi times since the valuation that was done in 2001 and as long as auryn has not lost any property to the tax sales eventually someone will come along and mine this.
unfortunately at this point auryn is not following the way i would like.-- it should be over a dollar with so few shares tradeable at this point
MDMN traded over 13 million today all on the upside--- sure be nice if raul would give us some factual news as to what the real situation is and when we get our auryn shares
Now that aumc has moved up to 75 cents i think its time for Raul to distribute the aumc shares to the mdmn shareholders -- No more excuses!!!!!
I cannot see why raul and goodin would let it be delisted at least not until they distribute the auryn shares or i am sure the sec would come down very heavy on them
Watching the market there seems to be a group of people that still believe goodin and maurizio are going to deliver sometime?
Yes but here we have the riders on mules and they all have broken legs!!
Unfortunately they didnt feed the mule and he quit working!!!
Four million so far today all on the up side. Has someone heard something positive that is not out to the public yet??? No movement on the auryn.
We are now well into 2021 and nothing is changed Volume increasing but mostly on the down side. I am told there is no work going on at the fortuna at the moment and we dont see anything happening on the auryn market to indicate they are active. Hurry up and wait again!!!!
Raul the president of mdmn, reported on january 2, 2021, that he was working on the issue. He stated they will sell enough of the auryn shares to pay the debts of mdmn and distribute the remainder. Assuming they have the 16 million shares, and they sell 3 million to pay debts, that leave 13 million to distribute to 2,980,000,000 shareholders. Unfortunately Raul does not indicate any time frame when he might be ready.
Two issues no one said they pulled a million of gold out of the ground , and unfortunately mdmn does not own anything they do mine. its now all owned by auryn
At least we got 2 updates that indicate they are still alive. Not much else
Is that all you can say about the best day we have had on the market for years??
At least this is an update that confirms the auryn shares will be distributed to the mdmn shareholders as a dividend and mdmn will continue to trade as a stand alone company Unfortunately he also states they will sell some of the auryn shares to pay bills of mdmn so the amount to be received by the mdmn shareholders is unknown. FURTHERMORE THEY HAVE HAD SEVERAL YEARS NOW TO REMORE THE RESTRICTIONS ON THE AURYN SHARES AND IT SEEMS THEY STILL DONT KNOW HOW TO DO THIS.---WE have no idea when or if this will ever happen.
They high traded 2000 shares at 15;59;13 thursday at .0001 to look good for the end. At least it tells us someone is looking at the market??? THe return from this is even less than the cost of the sell ticket.
I really did expect a year end update from any of mdmn, aumc or amnp sent by maurizio, goodin or raul -- guess this was too much effort for any of them
Same from me to all who follow mdmn and aumc on this site. May the new year 2021 bring much better things for all and Maurizio and Goodin wake up and send us great gifts of good news.
Trading at .0009 with fair volume.-- are we finally seeing something good coming from goodin and maurizio???
Medinah could have the property returned with massive damages from auryn
Count me in if anything concrete comes up and thank you for the post -- Chile Dog would also help out
They have never told us how much of the property has been lost to tax sales because of non payment of property taxes -- we know for sure some but not to what extent.
Today they updated their filings with the notice they will now roll back the stock on a one for 500 basis --- Here we go again with another terrible maurizio takeover!!!!!!!!!!!!!!!!
NEWS--- maurizios latest golden boy takeover, american sierra gold inc, posted their update on the pinks sheets today with a statement that they are rolling back the shares issued on a one for five hundred basis. This is the same as they did on the cerro dorrado/auryn takeover and their stock has done nothing but tank ever since. The long suffering amnp shareholders can look forward from their present 3 cent market, roll back one for five hundred and then trade at 4 cents// why does nothing ever happen after each of these moves?
To salvage anything for himself maurizio must eventually move the auryn to much higher levels which might help mdmn as they hold so many shares wether or not they ever distribute them to mdmn shareholders as promised so long ago --- However one never knows if he has lost his whole empire??
9,000,000 shares traded today so far all down at .0006 cents. Wonder is there to be soon a price where one might buy some shares really cheap and hold until the new year hoping some good news will finally come out??? MAYBE they might finally distribute the auryn shares!!!!
Another great day. Traded down to .0005 to close at .0006 cents Sure be nice to get some good news before Xmas!!!
Trading heavily today down to .0006 cents. Whats the next level? How soon down to .0001 cents???? Mr President, Raul, we need some positive news!!!!