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They are looking into it. They said it was the transfer agent doing it. Whatever that means.
My Medinah shares (held at Fidelity) came out short of the 10% they came at approx. 9.975. Does anyone Know why? I lost a few thousand shares in the process with this conversion.
CS
Veblen:
I do not know any more than the rest of you or us. I was just trying to convey that JJ was not going to show up. (INFO FROM CHILE AT THE TIME) I was acused by HR of not knowing AND BEING SPECULATIVE (I KNEW) He did SHOW UP but at the beginning He was not going to show up at the AGM meeting. The deal was not done and that was the reason. Two months later still the deal is not done. I know it will but it was not done then.
CS
You are missing my point Rick
You are missing my point Mike
Dear Rick:
If you analyze when I said Mr Quijano was going to be a no show at the AGM. Rememeber you accused me of having non factual info. Now do you believe my sources? An apology is in effect. The plan was for him not to go. NOW you know I knew. Plase refer back to the communications of him not attending.
Next time if you question my comments be factual. I am hearing something else now
CS
Thirty six days since they said the deal is done and that we will hear something after JJ got back to Chile. only the signature of the principlas was needed. Now the story changes as usual He must have gotten lost somewhere in South America. May be Kidnapped by Aliens. Although I have a nice return on my investment as the majority of the shares were purchased at 2 cents. I want more....lets get this thing done. As I am getting older I just do not get excited anymore. it is what it is.
CS
Please ..Is there any specific news that is important for the shareholders of CDCH? Is the new Partner going to make an offer on CDCH?
I would hope that JJ would leanr from his mistakes. WHERE IS THE MONEY TO SEAL THIS DEAL?
I would hope that JJ would leanr from his mistakes. WHERE IS THE MONEY TO SEAL THIS DEAL?
I hope that you are right.......but history with this stock is irreversible
My last ounce of hope is on today and tomorrow. If we do not get an announcement prior or on the meeting, There will not be a JV PERIOD. No one will see JJ for years after tomorrow. If history repeats, FOR THOSE WHO WAITED 4 YEARS TO get another AGM like myself, that is exacly is what is going to happen IF NO JV is announced.
I HOPE FOR THE BEST AS I AM HEAVILY INVESTED ON THIS STOCK, BUT ITS NOT UNDER MY CONTROL. CS
Well it is getting down to the wire and for those that were not here in 2008 when we had a Chinese contract ready to be signed, here is my take on it. DO NOT LET JUAN JOSE QUIJANO LEAVE THE MEETING IF THE JV IS NOT ANNOUNCED.
A lot of rumors over MP, Free Forum, and the other site. No announcement by the AGM and I Mean with money in Medinah's account. We will see Juan Jose Quijano Fernandez SOON in about another 4 years.
Considering history as a baseline, I hate to be the guy that will say I TOLD YOU SO. As for many years, we have been .there w the same rumor Next week, next month, tomorrow, at the one line yard, deal is in he pocket, soon, soon, soon, soon, soon, soon, soon, soon. And definitively soon, and more soon. Good luck to the longs and newbies.
SEE YOU SOON and very much sooner at the AGM.
Good Post. They keep erasing mine. I guess people do not like to be told with accuracy the events of the last 15 years. I am sticking to my Facts and my sources. This has gone beyond of what I thought it was possible. The Pony show is set and casted in stone and the dreams of shareholders will be squashed after the AGM. Distortion of the true meaning of what the facts are roots in the MP site. Why some people do not understand that? it is beyond my comprehension.
Chilean Spy.
PS Why LP took the time to answer what I compiled from my sources on the OFFICIAL WEBSITE? ..................Because something will happen and there will not be a positive outcome, just the Dog and Pony show for all of us
Rick
You are still missing the point. Everyone including you cannot see the 900 pound Ape that is in the room and that is the JV Period end of sentence. The other preipheral stuff is of no Values to us the shareholders. Why do I question so much the process? It is obvious, 15 years of non sense.
You made your point AGAIN. My source screwed up BUT BUT BUT. IT REALLY DOES NOT MATTER whetther you discredit my source or me what matters is the 900 pound APE.
I am 100% POSITIVE that you are going to be looking for answers very soon and I will not tell you "I Told you so" I have been doing that my friend FOR YEARS AND YEARS. Like I said before, If you get a specific time frame for this to occur and get it out of JJ or LP, you deserve the Nobel Prize. ACCOUNTABILTIY, RELIABILITY, ARE UNKNOWN FACTORS FOR THE PERSON WHO IS IN CONTROL (JJ PERIOD)The pony will be sold and the dog too for those who are still living in Disneyworld.
CS.
I got this from the website TODAY. "When the Joint Venture is complete" You have got to ask after 15 years. If JJ will show up? Come on guys wake up. All you guys care about is JJ showing up at the AGM???? PLEASEEEE. Where is the JV period? Nothing else should matter. No LDM no new adquisitions of land etc etc etc. Where is the JV. Note shareholders meeting was canceled. Its called DAMAGE CONTROL.. Informational meeting is a ONE WAY communication meeting. Good luck trying to get a straight answer other than we will continue to work towards the finalization of a JV AGREEMENT. The deal is on rhe table, or we are considering other interested parties to finalize the JV agreement. or I WILL see YOU SOON, SOON.SOON. SOON.SOON.
Ok Rick good point. Maybe you were not there 4 years ago in the last AGM. If i fly out there I will get the same dog and pony show of 2008. If it your first with Medinah .....Good luck. Try to get a straight answer from JJ. Like a specific time frame exactly when this deal is going to happen. If you do, you deserve the Nobel Prize.
Read between the lines Rick. The meeting will be controlled by the BOD and no one will be able to provide input officially. The story changed FROM WHAT I WAS TOLD. the only thing you will be able to do is to talk to him OR ASK HIM QUESTIONS on an informal basis but NOT OFFICALLY. Look at it as another CURVE ON the 9th ininning.
I do not think that I was far from what I was told. Rick It is the same thing. No formal shareholders meeting period. Can we all attend? I did read that the Board will attend but Can we as shareholders attend? why do you think it is the reason for bnot having a shareholders meeting?
Got informal information from chile........big concern. JJ may not show up at the AGM. The dog and the poney show will not be enough and he knows it. I do not blame the BOD as he (JJ) is the only one in control. This deal will not happen by the AGM and anyone who wants to bet me on all the shares I own please contact me and I will put it in writing. I am assuming the potential no show is because he knows there might be a few shareholders that are very tired of the same BS year after year will manifest their unsatisifaction in a very clear and concise way.... with implants or no from whoever is bringing security in at the AGM. If you guys think that this deal is close, think again the MAN AS I SAID IT MANY MANY MONTHS AGO IS NOT INTERESTED IN DOING THIS IN SHEREHOLDER'S TIME. If JJ comes with the same song to the dance as the deal is in my pocket or we are very close to a JV, or if hwe uses the word "SOON" the chances or getting this deal with a major is less than being struck by lighteninng twice. Everyone will keep complaining about this stock for the next two years with the exception of the ones in the know paid by Medinah without seing real results and a real outcome. JJ is just not interested in getting this done. The same Hollywood show is wearing out and he just does not care. He is fully loaded and enjoying life.
CS
point well taken. HOWEVER, 15 YEARSSSSSSSSSSSS OF PROMISE AFTER PROMISE WITH NO ACCOUNTABILITY??????
COME ON
TO ALL INVESTORS:
PLEASE BE ADVISED THAT I WILL BE TAKING OVER THE MIC AT THE AGM IF THIS DEAL IS NOT CONSUMMATED BEFORE THEN.
THAT WILL BE MY ONLY PURPOSE AT THE AGM. I WILL BE SPEAKING FOR THOSE SHAREHOLDERS THAT CAN NOT SPEAK FOR THEMSELVES AS THEY HAVE PASSED AWAY, LOST THEIR HOMES, CARS ETC ETC ETC FOR THE LAST 15 YEARS OF NON PERFORMANCE. I WILL SEE YOU ALL THERE. NO MORE BS AS WE ALL HAD ENOUGH
CS
Mike:
Going to see LP will resolve nothing. What makes you think you will get the truth. No one and I mean No One has ever gotten the truth from this source and the information given to shareholders has never been accurate. The only way to get anything done is to force an AGM because there will be no AGM in Feb of 2012. JJ knows that if he has the AGM, he will get a bunch of rocks thrwown at him. there will be no "SOON" word that will save him from the angry crowd AND HE KNOWS IT. No more I have deal in my pocket. SAHREHOLDERS SHOULD VOTE to have someone (an entity or organization)represent all shareholders to finally get this done. Enough of this BS as Geoly calls it. HE HAS DEMONSTRATED THAT HE CANNOT CLOSE A DEAL IN 15 YEARS NOW. The clue for me was the fact that BH had no idea that Cerro was being excluded and he is on the Board. what does that say for COMMUNICATION. JJ is not interested in what BH or shareholders have to
say period. THERE WILL BE NO AGM. As I suggested, Wall Street has companies that will get this deal done. I will be glad to refer the members of the board to the companies I know HAVE closed JV deals in the past including a company that I worked for where the stock went from $9.00 and sold for $25 per share. THIS IS THE TIME TO ACT.
COME ON RICK......14 YEARS?????????????????????????????????
MORE HISTORY RIGHT ON THE MONEY
The question that still is not being answer is why to deceive the shareholders in a consistent and systematic way? Recall that there were 8 updates about the money and it never came. For six months we patiently waited (forget the past 14 years) CDCH was expecting the money anytime. Someone is responsible for misleading the shareholders and will have to answer this one as the information we all saw is in writing and in the official website. Millions of dollars were exchanged based on these updates and there is no accountability for this?[color=red][/color] [color=red[color=red][/color] [/color] Please keep in mind that the trading was solely based on the information published by the official website. So after six months of milllions and millions of dollars traded, Cerro Dorado Management directed by JJ decided to give an update that is an absolute shock to even some of the members of the Cerro Dorado Board
Deviating the issue by stating that Mr Quijano is already working on another deal once the JV partners dropped us is just unacceptable and frankly I can't understand and will never understand why this (Meaning selling the whole packgage together) was not addressed properly during the selection of the many entities that were interested in the property over two years ago. If I recall correctly there were a total of eight companies that got eliminated in the process. So we came down to one bidder months ago and NOW IS WHEN the JV partners decided not to take Cerro? and THIS COMES TO LIGHT? Let me re-iterate millions and millions of dollars were traded during this time based on information published by the official website. Is this legal? if it is fellow shareholders we are, in the wrong business.
NOTES FORM THE PAST. RIGHT ON THE MONEY.....................
I predicted this was going to occur in my previous posts. I said when the partners decided to EXCLUDE Cerro I knew the other shoe was going to drop. I think Mr Juan jose Quijano needs to step down to allow a professional company to take over as he has demonstrated that he CANNOT I REPEAT HE CANNOT GET A DONE DEAL. I also stated and reminded all shareholders to limit Mr Quijano powers to decide on all matters on behalf of the shareholders. Theres got to be accountability and a timeloine to perform and so FAR THERE HAS BEEN NO RESULTS IN 14 YEARS.
Here we go again. Over MP once again and time after time one individual is making statements that cannot be confirmed. 1. That the partners are somehow still have until a certain time to come up with the money Really? 2. That the partners are running out of time Really? Now the twist LDM. Where did the JV go to? I hope that people over MP are smart enough to vote at the AGM on a timeline to get the deal done. If that is NOT DONE, there WILL BE NO accountability and it will be another 6 years before we see anything hapening VOTE FOR A TIMELINE TO FINISH THIS ELUSIVE JV AT THE AGM. [color=red][color=red][/color][/color]
J
First:
Are you really going to believe that? What we have here gentlemen is paid promoters (Although the company denies it) the ones cashing in are the insiders that came up with the story that the money was tied up by the Government for How many months? did they string along new shareholders? LOL My question is what is the split among them. I think we know who the individual is passing this info to some of the longs. Some of the info is kept confidential and some is not. In other words we get the bones and some of the longs get info such as (exclude cerro from the JV deal) if you look back the CDCH stock dropped below Medinah way before they announced the separation. No one knew why ..except the insiders. The ones selling it.
Second:
This JV partner (Provided it does exist) has proven to be a very inefficient entity. Nine months of BS no wonder JJ decided to shoot the Bride at the Altar. If this JV partners cannot come up with the money (24 million) imagine when it is time to put the 1/2 billion dollars. Not Happening.
Allowing this partner to exclude cerro without costing them a red cent, keep us in Limbo as they did not want us to know Jack S..t, the number of delays, and the fact that medinah lost millions and millions of dollars based on the opporutnity Cost Principle is just not acceptable. The only thing that JJ has to do is bend over a little more so the partner can come up with about 1% of what the property is worth to begin the drilling.
Finally, The so called partners to this date are making all the decisions without paying a cent. ADMIRABLE.
EX. Please explain why do you think we will not wait too much longer.? Have you heard anyrhing?
Hey Rick
Are you going to the Game on Saturday against the Buckeyes? I will be there look me up on the high Boxes. May be and just May be we get a lot of resons to celebrate on Sat night.
CS
You could be right Shorty. But history is history and in medinah Land it does repeat. I hope you are right and I am totally wrong. Years nad years of this Cr*%& gets to me.
E- Trade
Wrong about that this is a novel and no one would have predicted it.
I think you are wrong. I predicted this was going to occur in my previous posts. I said when the partners decided to EXCLUDE Cerro I knew the other shoe was going to drop. I think Mr Juan jose Quijano needs to step down to allow a professional company to take over as he has demonstrated that he CANNOT I REPEAT HE CANNOT GET A DONE DEAL. I also stated and reminded all shareholders to limit Mr Quijano powers to decide on all matters on behalf of the shareholders. Theres got to be accountability and a timeloine to perform and so FAR THERE HAS BEEN NO RESULTS IN 14 YEARS.
Mr Blockman
Information coming from chile is telling me that new partners are aligned as these partners will not deliver. What we need is to do is get someone with experience in mining contracts to get this done. Another two years of wait or more.
CS.
You must not know too much about this stock if you think the deal will happen. Read the last two sentences of the update. NO ONE THREATENS A MAJOR THE WAY JJ DID IT. IT IS COMICAL THAT THEY HAVE TO USE THE WEBSITE AS A VEHICLE TO ANNOUNCE IT TO THE WORLD. WHERE ARE THE LAWYERS IN ALL THIS?
MY PREDICTION ON POST NUMBER 34565. WHEN they announced Cerro disposal, I predicted that the other SHOE WILL FALL.....WELL WE ARE ONLY 20 DAYS FROM IT
MEDINAH IS NEXT. DANGLING THE CARROT CONTINUES. IT SEEMS THAT THE MEDINAH PEOPLE
1. CANNOT PUT A DEAL TOGETHER.
2. ARE NOT WILLING TO GET IT DONE
3. LOVE TO PUMP AND DUMP FOR PROFITS.
4. WILL BLAME THE SHAREHOLDERS FOR PUTTING TOO MUCH PRESSURE
5. GOT AN OUT AND THEY WILL USE IT
TAKE A PICK
I AM NOT A BASHER BUT A REAL AND EXTREMELY FRUSTRATED SHAREHOLDER 14 YEARS OF THIS BS NEEDS TO STOP
What really bothers a lot of people including myself is the fact that they had 1.5 years to choose the right partner among ten other entities and JJ decides to go with the one that changed the rules of the game after everything was said and done. I hope he has learned from this experience that UPFRONT SPECIFIED DETAILED contract negotiations will save him time, effort, money, and headaches on the next partnership. The probability that these partners will deliver in 20 days is next to zero as they have proven to be a waste of time for JJ and all the shareholders. Now JJ wants compensation and I hope he had written in the contract a clause for retribution for the so call opportunity cost as Medinah could be already in the exploration phase with one of the other entities. I ma glad that my position is mostly CERRO and I am just waiting for the LOI and the name of the London Group for this stock to increase its value.
CS
BOYS AND GIRLS AS I PREDICTED,,,,,,,,,,,,,
THE OTHER SHOE IS 20 WORKING DAYS DROPPING.
CS
Core:
In referecne to your last post addressed to me. Have you ever heard the saying "the squeeky wheel gets the grease? You just need to know the right people to get it done and in this case, I know the right people. So seat and wait..........people IN PLACES is what you need, NOT resources
CS