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My cover is completely blown, whatever shall I do? I have been unmasked by the Pontiff of Primates, the Master of Monkeys, the Oracle of Orangutans. But don't try to find me - I've already made it to Vancouver (or have I...) and am firmly ensconsed in Les' basement typing this message. I believe that Canada is a non-extradition treaty country according to my reading of the Pink Sheet Terd Buying Treaty signed in Utrecht in 1994. I'm untouchable mwah ha ha.
Now, back to reality - I'm planning on buying 4 million shares of MDMN today so watch that volume because here come the big guns. Yes, the London Group may have been unmasked but there is a huge Ugandan, Zimbawean, and Nigerian group ready to pounce on the declining share price. Many of the members are personal friends of Robert Mugabe or are crown princes in Nigeria. Not exactly sure why the Ugandans are involved; I think Les just felt sorry for them and let them in on the "last world class mining deposit in the universe". They are all in - I expect 50 million shares per day in volume from now until 2017. Back up the truck...come take a ride with the African Group.
Ready for some reality - no one in the mining community is interested in this terd. Rumor is there is a massive PR in arbitration that will be released soon. Apparently, the final arbitration is happeneing now and worldwide mining industry pros sit on the edge of their seats in anticipation. I'm sure there is a PR coming, just not sure of the content. Oh and there is quite the cat fight happening in real time on the "other" board between baldy, the dentist and another poster. I highly recommend heading over there for some great entertainment.
Cheers from Harare or Vancouver or Abuja or Kampala...catch me if you can!
I bought 2 million shares on Friday. See, two can play at that game.
Thanks ex, informative as always. Your posts are quite valuable. It is a shame most shareholders don't follow your advice and swing trade this pig instead of holding it long-term.
I think you know this but many moons ago, your initial alert got me into MDMN and I made out like a bandit. I'd have to check the records but I believe I was in at .04 and out at .17 - a nice tidy profit. Back when I had time, I swing traded this a few more times and did quite well. I won't touch pinks anymore but for all those out there who will, ex is a pretty decent trader and he's doing it right. You never marry a stock, especially a stock like MDMN, you swing the s*** out of it.
A lot of them need help. Quite frankly, it is very sad. If this doesn't pan out, a bunch of those cats are going to lose their shirts and have to face their wives. The old site used to list how old folks were (assuming they weren't lying). There were more than a few elderly shareholders in the MDMN fold. I really feel bad for them - retirement years are no time to be playing with pink sheet turds like this.
Watch for a bounce. I bet if Blockman posted a chart, his signals are way oversold and this thing is outside the bollinger bands. I'm no chartist but there are some smart ones out there who can flip this for a cool 20% if it bounces back to 0.02. I'd certainly be interested in his thoughts and charts.
On the other hand, this could be the beginning of a slide to sub penny. Look out below.
Evil
Naked
Short
Sellers
From
Mars
...those mythical sprites that pink sheet investors chase, scumbag CEOs tout, yet are complete fabrications of those who have lost assloads of money in this unregulated casino.
Just remember, the ENSSFM are shorting MDMN into oblivion but don't worry, they'll get their comeuppance soon and be forced to cover. I see this canard and the REGSHO numbers are being batted around again. This is never a good sign - whenever the naked short selling diatribes start bubbling to the surface, look out below.
Here is the unfortunate story of MDMN. Someone posted they were down $200k, another said around $500k. Someone posted that a group of individuals was down $400k. That's real money that has been stolen not by the naked shorters, but by JJ, Claro, Les, and the BOD. This is a travesty - welcome to the pink sheets.
Blockman,
I'm available for weddings, retirements, and Bah Mitzvah's. Pink sheet stocks have become a lot more fun ever since I divested myself from all of them. I don't have time to day trade so I'm relegated to the sidelines, poking fun at the scumbags who run these worthless companies. We should talk more - I'd like to do a routine at the PinkS**t Comedy Club. We can invite the MDMN BOD and maybe simulcast it to all federal pound-me-in-the-arse prisons where most of the pink sheet CEOs reside.
Ex Blockman,
The ginger ale will be flowing. Last time Les got hammered, tripped over a core sample, and flipped the table where the drinks were being mixed. Luckily, he didn't break a hip/leg/femur and rallied like a champ. We're all hoping that this scene of drunken debauchery doesn't repeat itself, but you know Les, he's quite the party animal (especially when the party is being funded by shareholder money).
Breaking news: the party has been postponed until "next week" as per Les. Looks like news will not be coming out this week.
I also heard that for $19.99, you can get an autographed picture of JJ and Claro mounted to a dartboard. For an additional $34.99, you can get a set of 6 darts, autographed by Bald Eagle and made out of the some of the ore processed at Til Til and moved throughout the country of Chile by massive highway rigs. If you really are looking for that one of a kind gift for the special someone in your life, $199.99 will buy you a limited addition bobblehead. All are individually numbered and you can chose from Les, JJ, Claro, Greg, Vital, or the lawyer who just joined the BOD to get him some of the MDMN cheese.
It is going to be akin to an Apple iPhone release anouncement. I hear CNET, Mining.com, and the New York Times are all camped out at Les' offices in Vancouver. Security is tight, a fresh crate of Canadian Club has been delivered to Les, and several shareholders are rumored to be liveblogging the event. The dentist is offering free root canals (drilling and trenching) in honor of the momentous occasion. He's also set up a street booth selling MDMN certificates - $9.99 gets you a million share certificate and for an additional $5, Les will sign it. If you want a sample of stale coffee from the lawyers office spilled on it, that's an additional $5 and for the low low price of $99.99, you can get a scrutineer to verify that it is in fact a real certificate. All proceeds go to the MDMN BOD retirement fund.
The latest rumor is that new is coming out today unless of course it runs into a snag. Should be fun disecting that steaming pile.
It will never be resolved. This will be on the books for perpetuity. When they need to pull out an excuse for why yet another deal has failed, they can grab this one or some other wild story that is supposedly the last thing that needs to be resolved before every shareholder is a gazillionaire. There is a never ending stream of BS that pours from these cons designed for one purpose only; keep the shareholders holding on (and hopefully buying more) so the insiders can enrich themselves and never work a day in their lives. This is nothing more than an insider share selling enrichment scheme. Makes for great entertainment, but not such a great investment.
This stock is nothing more than comedic relief for me. This board along with the other one provide me hours of fun. It's a fascinating look at human behavior. I'm of two minds here: (1) I hope that MDMN has a really good pump and dump so folks can extricate themselves from this nightmare without losing their shirt and (2) I hope this goes to zero so everyone can learn a valuable lesson. Frankly, because I don't enjoy watching people suffer, I really hope that most can unload at either a profit or a small loss. If in doing so, they learned their lesson about investing in pink sheet stocks (much like I did), then it's a win. Given the level of animosity and frustration with the current group of shareholders, I'm optimistic that most have learned the lesson, will unload this turd, and NEVER invest in a craptastic pink sheet stock again.
Beth, a NI 49-101 is even better than a NI 43-101. It has 6 secret auxiliary sections (hence the 9) that are exclusively reserved for non-SEC reporting pink sheet companies run by con men. These NI 49-101 reports are extremely rare and it generally takes 20 years of inactivity on the mining claim and shareholder value destruction to qualify to even release one of these. In fact, this report must show in stunning detail every time insiders received free shares and how they dumped those shares on unsuspecting shareholders. The only report even better than the NI 49-101 report is the NI 69-101 report...those usually start off with "I never believed it could happen to me...". Have a great weekend and keep the people of Paris in your prayers.
Valid points. I did miss the HLS, FINRA, SEC, and Chilean School of Geriatric Mining nexus. The HLS was a blast from the past - I remember when I first invested in this clown show, I was assured by many people that once the money cleared Homeland Security, I was going to be a millionaire. What a crock. I'm still impressed their able to recycle the notario BS so effectively and that people are still buying that steaming load of manure.
There is another MDMN board for the hard core shareholders. One of the posters on that forum provided those gems.
Here is more from a different poster:
FWIW, from the other board.
I am not an expert on the Quijano extended family. However, you are correct; a new character has popped up recently – the mysterious uncle. It appears that this person owns MDMN shares and is quite posiibly dumping them. I put zero credence in any of these rumors. Various uncles, aunts, ex-wives, concubines, and mistresses seem to show up whenever the hard core shareholders can't explain the malfeasance of Les, JJ, and their cronies. These people are convenient targets (never named) tossed to the anxious shareholders who are desperately trying to believe that Auryn is their white knight riding in to save the day. All smoke and mirrors designed to obfuscate what is really going on – insiders are dumping shares and will continue to do so. Explain to me why people are selling when Auryn is so close to gaining a controlling interest, assay results are coming, major news is around the corner, etc, etc, etc.? I don’t buy the “people need to sell to pay the bills” line of BS – millions of shares have been dumped on the market and the price reflects this. The selling isn’t normal shareholders, it is dumping by people who know something and are unloading at the expense of shareholders.
Apparently, there is fantastic news ready to be released very soon but the attorneys are going over it one last time…but after they sign off on it, it needs to go to the notario, followed by the local judge, then routed via donkey to telegraph office where it will be transmitted via Morse Code to Les in Vancouver who will decipher the message, write it out in triplicate, get on a plane and personally fly the release to Toronto where it will be verified by a scrutineer, who will most likely find 15 typos, return the message to Les, who will fly it to Peru via New Delhi, hitch a ride on an alpaca caravan to Santiago, swing by the local watering hole on his way to JJ’s house, deliver the now mangled carbon copy to Claro who will proceed to spill coffee and fine Chilean pear wine on the missive forcing the Les to go back to the attorneys to retrieve the original document but they are only open on the second Tuesday of months that begin with the letter J so welcome to “next week”.
...or toilet paper.
Because there is nothing there.
The site is run like communist China. The only people they will allow to see it are those they know will provide glowing reports. Yes, they denied access to a shareholder several years ago. Last year, they did not grant access to the site to a hired geologist after repeated requests were made. They ignored all requests and never granted access even though the geologist was being paid for by a third party. It is safe to assume they want no one on the site save those who will continue to parrot the narrative (e.g. Dr. Kleen).
Just more smoke, mirrors, and BS to keep the shareholders hanging on and hopefully buying more as the insiders dump all they can. Nothing is happening and they need to buy time. Too many quasi-intelligent people are in to this clown show, can't admit their mistakes, and are complicit in the scam. They are the useful idiots Les uses to keep this circus going. Imagine what would happen if they actually did their homework...MDMN would finally fail and Les would have to open up another scam. DD isn't cheap but I can tell you this...a picture is worth a thousand words of grammatically challenged PRs. Chile is nice this time of year...and there are plenty of flights to Santiago. The distance may be a challenge for some shareholders but hasn't been for all; think about that.
Hey look...financials
http://www.otcmarkets.com/financialReportViewer?symbol=MDMN&id=146555
I honestly don't think so but this is the pink sheet market and anything is possible. A better question would be" if MDMN does make it back to the .15 and .17 mark (yes, these were the prices I unloaded every one of my shares at), what causes the increase? Is it legitimate business transactions, exploration, and monetization or is it pure promotional BS with nothing to back it up?
The 1.5 Billion shares floating out there is going to be tough to overcome. Not to mention, .04 is a double from here. Most penny flippers I know are long gone from a stock at around 100% ROI and never look back. Keeping people invested in this turd (aside from the current shareholders), is going to me a herculean task. Bottom line: MDMN needs to behave like a legitimate business and throw out the BOD bums.
Well, he's on the board of MDMN now. What could possibly go wrong?
Disclaimer - I can't find this posted anywhere except the other MDMN board so I don't know if this is true. Quite possibly, it could have been leaked to an insider accidentaly by Les and posted without permission. My guess is that it is authentic, but why it hasn't made it to the company website, CHF, or OTC Markets. How did the poster get it?
SHAREHOLDER UPDATE October 30, 2015
Dear Medinah Minerals, Inc. Shareholders:
Medinah Minerals, Inc., today announced that its Board of Directors has named Gary P. Goodin, Esq., as a Board Director, effective October 30, 2015. Mr. Goodin is a long time Medinah Minerals shareholder. He is a practicing Attorney with over 25 years of experience. Mr. Goodin is the founding Principal of the Law Firm Goodin Orzeske & Blackwell, P.C., located in Indianapolis, Indiana. Mr. Goodin’s primary practice is in the representation of national and international corporations. Additionally, Mr. Goodin has vast experience in civil litigation. He is also fully legalized to represent and conduct corporate business actions in the Country of Chile. Mr. Goodin recently travelled to Chile to review legal issues, and assess MDMN mining properties, including the claims located on the Altos de Lipangue plateau. Mr. Goodin possesses Bachelor of Science, Master of Public Affairs and Juris Doctorate Degrees from Indiana University, Bloomington, Indiana. The Board of Directors of Medinah Minerals are extremely pleased to bring on board Mr. Goodin who will augment the Company with his expertise and legal skills in the midst of the Company’s expanding exploration and mining plans.
Vittal Karra
Chairman/President – Medinah Minerals, Inc.
Big volume spikes were sells. Tiny volume on the buy side...insiders still unloading.
I'm busting out the popcorn. If shareholders really are going to try to audit Les and the rest of the scammers running this company, it should be a great show. I can't wait to hear the lies explaining away the massive insider selling.
This is what happens when scammers run a company into the ground. It gets halted and winds up on the grey sheets...where it rightfully belongs.
https://finance.yahoo.com/echarts?s=NPER+Interactive#{"range":"1d","allowChartStacking":true}
It is NPER, another company managed by Les and his crew of wealth builders. If it happened to NPER, it can happen to MDMN. Same managements, different letters.
No volume, no interest, and restless shareholders.
They are discussing forming corporations to pressure Auryn, auditing insider sales, and generally causing a nuisance. More power to them but they need to watch what can of worms they open. If they do uncover securities violations and fraud, the SEC will want to know and if they deem them egregious enough, they will certainly halt this turd and that will be the end of MDMN.
No pink sheet stock has ever come back from the gray market ash heap.
FWIW, I think your advice to the ringleader trying to form a corporation to pressure Auryn was spot on. Locking up your shares in a pink sheet stock, unable to move them if you absolutely need to, is yet another bumb idea in a long list of dumb ideas people dream up when they get desperate. Every shareholder has a different exit point. There will never be any agreement on that point which renders the whole concept of the corporation mute.
But it does look like SEP 2017 may be the best exit for most of the current shareholders who are stuck at much higher prices. It sounds like a double, even from here, won't do the trick.
Blockman,
I tend to agree. The trend right now is down and a close below 02 today doesn't bode well. I think there is a good pump in the works based on chatter from various sites. My guess is they run this from .015 to .03 on some hype. 100%...not bad for a swing if you can catch it. Just remember, the insiders are unloading into the pump; be nimble and exit with a good profit, don't get greedy. Best of luck.
Heavy selling today. I wonder who is unloading all the shares since MDMN has such a bright future.
The drilling stopped months ago, even you admitted that. I could care less if Les and his flunkies are out there kicking rocks around and chasing dust devils; all that matters is drilling to prove up the property which has not been happening.
Latest rumor - there is a second drill rig coming to the mountain this week, oh and news is imminent LOL.
I suppose the second drill rig will sit idle for many moons, much like the first.
You got it...I was being exceptionally sarcastic. Pulling certs on a pink sheet company is the absolute dumbest thing you can do. Unless of course you really want to sock it to the ENSSFM.
I think all the shareholders should pull their certs and really put some pressure on the ENSSFM and Auryn.
Heavy share dump earlier in the day brought the price down but picasso shows up to ensure it doesn't look as bad at it actually is.
Yes, there is a new board up and running. Good grief, how many times have they changed the forum.
Oh and the latest rumors are that the sellers have been identified and various torture techniques will be used by shareholders to make them stop. What a lovely bunch of people these shareholders are.
No one gives a rats rear end about MDMN. Les and the insiders are busily crafting the next pump to dupe shareholders into buying more shares while they unload to pay their bills. Something tells me that people are just plain sick and tired of being fleeced. I'm expecting some good back-channel rumors to come out any day now to placate the believers. "Les' verbal utterances are the opiate of the masses."