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.
Chiledog told me today that Lampa is now removed from the covid 19 restrictions and the alto properties can be explored at will if goodin and maurizio ever decided that they were going to get off their backsides and do something for the long suffering shareholders.
Auryn published their filing to june 30 friday. Nothing released of any plans for the alto.-- Auryn, the only public traded company that i have ever seen that doesnt even have a bank account. They again say they plan to dewater the fortuna tunnels. This is a repeat of last years plans and no data as to the results or what the costs were. No info about the payment of the march 31 2020 land taxes or any indication as to how many claims have been protected.--Looks like we continue to be a mushroom!!! Please, Goodin and Maurizio, let us in on what the future holds for medinah.
SURE be nice if goodin and maurizio would ever decide to produce some Gold from the alto properties!! Unfortunately mdmn doesnt own any of this anymore and the only ones that would benefit are maurizios private companies
Give me the link to your site please
Yes i listened to kirk as well. i do think he was being honest but ill informed. However, this present crew of scumbags is far more dedicated and smooth in their long range plans to screw everybody!!
We all hung in because of the long promised distribution of the auryn shares to mdmn shareholders -- Was this just a scam by goodin, maurizio and italo so they could take over the three public companies, mdmn, aumc and amnp, and the entire alto, ldm and fortuna properties without ever paying
one cent or ever having a shareholders meeting to approve them as directors of any of their actions. After their 100 to one rollback of the auryn shares the distribution, if it ever happens, will not be worth anything
to compensate shareholders anyways. I quess its about time to wipe our lips and move on???
Apparently maurizio and his company Masglas have made an offer to purchase a non operating bankrupt gold mine in columbia from the
trustee in bankruptcy. -- IF Dr D is correct and Maurio did get a 10 million offshore line of credit this might be the purpose, Definitely nothing to help medinah or auryn to do any work on the alto properties. Of course maruizio has neither confirmed or denied he has a line of credit.
July 31--- Another month passes with no news, good, bad or ugly!!!!
We are told by management of mdmn that the restrictions were lifted last december and they are now ready for distribution. Raul, who is in charge, has repeated that several times.
If maurizio ever gets around to releasing the 16 million shares to medinah shareholders the volumes will surely change.
If you read the lawyers letter he states he never talked to maurizio because he was too far away. --- he got all his information from goodin. therefore, the lawyer does not know of what he speaks and simply complied with what goodin told him with no idea of what management is planning, if anything. With gold approaching 2000$ why does maurizio not use part of the 10 million line of credit we are told he got, and immediately start small scale production on carin, ldm and fortuna???
In my opinion it contravenes many sections of the SEC acts as well as various statutes from the NEVADA revised statutes. Change of control without shareholders approval is sacred and the issue of 350,000,000 shares to an insider with no consideration borders on theft!!!
Maruzio and goodin have a new flagship!! They destroyed medinah, couldent get auryn chile public, then destroyed cerro/aruyn US and now are going with american sierra gold after maurizio issued himself 350,000,000 shares in exchange for 4 small claims with no engineering report for a valuation of 2.5 million. All of this change of control and stock issue without any shareholders meeting or shareholders approval. Sound familiar???
Sure would be nice to see some news releases so we could track whats really happening with goodin and maurizio
Maurizio issues himself 350,000,000 shares and goodin issues himself 20 million shares to take total control of the company in exchange for 4 mineral claims of 100 hectares each, or 400 total hectares for a property that is not contiguous and has no engineering report. They value this purchase at 2.5 million dollars. They have no cash in the kitty and do not indicate they have any way of raising any nor do they say they will do any work on the property. This change of control and the purchases completed with no shareholders meeting or approval. This give goodin and maurizio total control of another company to do nothing with like mdmn, cdch and auryn and the original auryn chile which we were told was to be his first public company. It is now 4 years since goodin and maurizio took control of the entire alto claims and absolutely nothing has been done!!!!
post on the otc pink sheet filings with the last 3 years updates
Great post-----Fits Maurizio perfectly as we all know his motto is--- SILENCE IS GOLDEN --- He treats all of us like mushromes
g
There is little stock out these other than the restricted shares and after a 100 to one rollback everyones base cost is way up there so why anyone want to sell very much at this price????
With gold approaching 1800$ ounce it sure would be lovely if goodin and maurizio would crank up some production from the alto and ldm?? I quess this is too much to ask from them
Its July 4th holiday -- do you think one of the bosses from chile or peru would honor us with some good news?? It happens to be that july 4th is also one of their birthdays.
Your good friend kevin Tupper has now departed from his ideal job with microrsoft and is looking for a new position. -- Maurizio should rehire him as President of mdmn to clean up the mess he left behind
It is now four years since Chapin resigned and goodin, tupper and maurizio took total control of medinah.---Nothing has happened in these four years except down, down, down and no indication of any improvement in the future--- sad, sad, sad
Great to see the current filings and the removal of the stop sign on pinks. Now maurizio has taken complete control of amnp by issuing himself 350,000,000 shares.--Is amnp now scheduled to be his flagship and he abandons mdmn and aumc????
He might just use this to house his Masglas properties Who knows???
According to todays postings on the Pinks maurizio has now issued himself 350,000,000 shares of american sierra gold corp giving himself 80 percent of the total shares. This looks as if it could be his next attempt to get a company rolling or another one he ruins. He calls himself CEO and controling shareholder, much like he did on aumc. Beside him is gary goodin, again the same as aumc.
One month later and no updates nor any idea when mdmn shareholders will have their long promised shares of auryn.
Good volume--up and down again--no news for months
Still some life in mdmn ------------------ Market ticking up slowly on no volume
no they all left before the dreaded 19-- I think it more the illness called LACK OF CASH
Had a call yesterday from chiledog who had visited the alto area and states there is absolutely no sign of any activity on the mountain and no sign of the big H at all. He stopped at the gate and talked to the guard who said he hasnt seen any of maurizio crew thro the gate for months.
i think that means until such time as we all lose interest and fade into the sunset!!
If he says the auryn shares were all cleared in december, as he states, why is he holding up the delivery to the mdmn shareholders. Could it be he is waiting for amparo and maurizio to sell their shares without interference from the mdmn shareholders??? This is now May, 6 months after he got approvals!!!!!!!!!!
While reading yesterdays postings of the new auryn financials and disclosure documents several disturbing issues arise
1. a company which claims to have plus 40 million in assets does not have a bank account How do you pay bills??
2. Does not have any employees-- How do you look after the property
3. Books 5000$ in expenses for the quarter with no breakdown of what
4. Claims to own over 10,000 hectares of mineral properties with no record of any tax payments for the last 3 years which we know has a cost of over 40,000$ a year to maintain
5. Does not detail how many of the original claims still exist or what percentage has been lost to tax sales
6. The company fails to disclose that Hochschild ceased all operations on the LDM property after only doing a very minimum of ground work and no drilling as called for in the contract
6. Despite many promises to distribute the auryn shares owned by MDMN to the MDMN shareholders this has not been completed and the shares are still restricted
7 No statements as to the future activities of the company other than to say they are seeking funding and the sale of securitys to remain solvent
So so sad!!!!!!!!!!!!
again absolutely nothing of an update!!!
today is supposed to be financial disclosure day for auryn so we will see what goodies they might have for us??????????? Watch for it on the pink sheets
March 31 is due date for property taxes which should be about 40,000$ Failure to pay the claims go up for public auction. We have never been told how many claims have already been lost and how many claims could be lost again this year. Sure would be nice to see where the actual acreage is now???
whatever you are drinking you should bottle it an sell.-- you would have a far better return that selling stocks!!
It is now over 4 years ago that mdmn gave its properties to maurizios private chilean company, auryn, for no cash and only some worthless paper in his company. That allowed chapin, who had been the mdmn glue, to turn thing over to goodin, who turned things over to tupper, who turned things back to goodin, who left the scene with a healthy payday and turned the affairs over to NO ONE, which is where we are today.--no market, stop sign on the pinks, not legal to do business in nevada, no news, no distribution of auryn shares as promised many times and trading at .0006!!!!--So so sad
I was trying to be a bit funny but i am not sure i will live long enough to see it trading over a penny again!!
Big volume so far today of less than 4000 shares all on the down side. still waiting to see the big volume on the up side and back to at least a one cent market??
big what??????????????