Suggestions on new trading symbols for Medinah and Aurin:

IDIO.TS for believing
THIE.F the entire gang
CRIM.E no such thing
LEST.ER the money molester
JUAN.Q the polite thief
AURI.N $100M nothing burger
MORA.L no such thing
FOOL.S the stuckholders
WAIT.IN’ nothing to show
CAPI.ITAL yes there’s no such thing
ATM.C see your money disappear
NEXT.W it’s in the mail

I’m sure you all can think of many more.

There are more disgusting people than these thieves at Mefinah, but Les et al take the Nobel Piss Prize for being two bit thieves.

Les has been spotted at the VC Zoo feeding buffalo chips to a lineup of monkeys, who seemed to be totally enjoying all that minutia and coming back for more.

When the Zookeeper demanded Les immediately remove himself and his BS, Les responded by saying “I have no one left to feed my BS. But for these monkeys, I would be completely out of a venue. Monkeys seem to be the only ones who care for me. After all I did for the stuckholders, to clear the MDMN till of all that worthless stock, no one truly appreciated how I finally was able end this charade. Why imagine this game lasting another 17 years. I’d be too old and pickled to fully appreciate my ill gotten gains.. ain’t you glad I finally killed the golden goose that could never lay the golden egg”?

I will be back after my dental appointment with that crazy dentist who knows more about mining than all the geologists. We used to have so much fun reading his BS too. Boy he was really convincing. He had people buying at the top of the market each time he released his brand of BS.

I understand he is doing dental implants on monkeys too. What a talented guy!!! Everything he postulated came true. You just had to correctly interpret what he wrote”.

The zookeeper had to drag Les off the Zoo grounds. More to follow as the monkey grinds.

With all due respect, and not at all meant in the pejorative, the question comes to mind as to why you have not brought to light these fraudulent activities by this criminal and his gang of ripoff artists? My apology if you previously have divulged these revelations and I missed it.

The color of deceitful and fraudulent activities has always been there for all to see. I for one have always viewed the press releases re "money in the bank", agreements with the Swedish meat ball fraudster, ore shipped to Til Til, the dentists diatribes and "next week" with a high degree of skepticism only to be castigated by another shareholder of the honesty, decency and the upright righteousness of people involved in this scheme. JJ was painted as the deliverer to us all.

Yep. He delivered alright, right to his and other criminals' pockets.

Years, decades, of non performance at a world class mine should be a red flag to us all. It might be a world class deposit yet to be uncovered, but even if it was or is, the whole enchilada smelled like decaying cabbage.

This gang never intended to mine the claims. Their objective, thrust and ultimate goal was to defraud through securities manipulation, called pump and dump, and steal away, wash, rinse and repeat.

Amazing that so many in the know fell for these criminals' total BS.

The con artist is gaming the system to the max.

He extracts all the equity on his house, never intending to meet the mortgage payments. Borrower lives it up. The lender forecloses and looses a good percentage of the loaned funds. Con game is complete.

This man should be hung from his ankles, upside down, from the flag pole in the City Center in Santiago.

He is not fit to be called a human. Even animals have regard for natural laws. This is a gross, stinkin flesh masquerading as a human.

Despicable thief.

Let's see...world class mine, world class thieves operating with world class partners and we have a world class 750 share trade valued at $2.78 at the pump and dump peak would have been valued at over $120.

Who needs Bernie Madoff when you have Les Bernie Madoff Price in your corner.

And then you have Letts. He is standing on the watch tower to ensure no shenanigans take place.

Just can't make this up. Amazing!

Amazing as it sounds all this pipe dream of future worth of MDMN is unraveling right before our eyes with not much of an effort by hucksters and shrewd negotiators. Hucksters such as LP and shrewd negotiators in Auryn.

How could it be that an asset owner such as MDMN, ostensibly billions in metals and minerals once extracted, end up in debt to its acquirer when the acquirer is supposed to either deliver up front payment to acquire or promise to make future payment. Any and all equity MDMN had is now in Auryn's control.

Everything LP touches enriches his account while depleting the investor.

What's happening with the cash call? Has Auryn raised its needed cash?

My by the seat of my pants best case valuation of MDMN is roughly $15M. That would equate to $0.01 per MDMN share.That's based on the assumption that Auryn goes public at $0.06 per share and issues 1 billion shares and MDMN has 1.5 billion in os shares. Don't take that to the bank. Just a WAG.

Total interpretation: We've been screwed over by several crooks. That you can take to the bank.

Is there any truth to the rumor that Les et al have been ordered by the courts to make restitution to MDMN stuckholders equivalent to the tune of the total value of the billions in gold, silver, copper and other minerals. Further, Les has been sending ore to Til Til to refine and sell the metals in order to comply. Further that the first truck load has been received, refined and there is a fiddling war going on for the rare refined product.

Bidding, it was reported, for the refined product is still ongoing and the dollar amount is getting up high into the stratosphere, therefore the first installment of the ordered restitution has been delayed.

Since the bidding war is so fierce, it was reported, the decision was made to delay the ending of the auction indefinitely so as to truly maximize the final value for the benefit of the stuckholders.

If the above is true, then who knows, the grandiose visions of some on this board may yet come true.

Oh BTW, it was reported that a dentist of the highest caliber who is very familiar with painlessly extracting molars is the auctioneer, the last known bid apparently is from a Swedish tycoon.

I take back all I said about Les and company and I have even gotten over my bitterness.

Ah, alas, you just can't make up this stuff.

HR, how does this cash call stack up to the news release where Medinah agrees to cancel the option agreement and take an equity position in a private co with an unknown valuation.

There are so many ostensibly valid reasons proffered by Medinah's management as to why the new agreement was so much the better way to go.

Really, it would take too much of my time to go through all the details of the "good reasons" for the conversion of the original $100M option agreement to the 25% equity in Auryn, a privately held, as yet with no verifiably known valuation. So many questions and still no answers, at least not sufficient for comfort for Mefinah SH.

On the surface, it appears Medinah's 25% equity in Auryn could be worth north of billions of $$$ in five years. That's if the strike price for 5M shares of the option agreement to purchase Auryn shares in five years is still worth $10 or more per share, as the $50M strike price implies.

If Auryn was well capitalized, as the new agreement stated and implied, why the need for this cash call now?

I guess since there was no other way to go, Medinah's share holders were so misrepresented by previous management and friends that Auryn was the only partner left to dance with before the night was over.

Until this whole saga is substantially wound down or real mining operations begin and Auryn banks real money with real revenue from real mining, there is no "there, there".

Meanwhile All (reference made to Les and minions) had fun and ill gotten gains on the backs of trusting Medinah's share holders who were duped into putting up real money.

What a crime!

The only misunderstanding that is relevant is Les's.

He has a case of deliberate misunderstanding of honest and fair dealings with first, himself and secondly, the world.

Once he crossed the line of integrity by fleecing old women, and enjoyed his ill gotten riches, he found no reason not repeat the same. The man is a social predator, a sociopath.

Agreed!

Beth,

I don't know why those who were aware through third party reports, or knew Les's pristine history of fraud, deceit, aggrandizement, intentional infliction of pecuniary hurt on mean old women expected of him for years.

As all those phony deals were machinated, constant barrage of lies about deals being funded, false dissemination of "good" news were being proffered by Les or under Les's influence and direction, use of company equities by him, his cohorts and minions were being used in the afore mentioned scheme of aggrandizement, we all, my good self included chose to ignore common sense as to all those lies and believed there were others in the company who were of decent character and good will, had or were acting in good faith to fully discharge their fiduciary duties toward us stuckholders.

We are to blame for not being more vigilant. I've always maintained you can't change a tomato into a potato. I should have practiced good sense of judgement.

This is great. The monetary system of the Planet of the Apes would have had more value than this worthless tp. We should have insisted on the crooks doing a reality show entitled "The Planet of Liars and Crooks". I would have felt my money would have been well spent, producing an original piece of work, instead of feeling like a chump and waiting for deal A, B, C, and now back to past instead of the future. Mark my words, Auryn will be the successor ATM machine operator.

Who would play the big silver back gorilla? JJ?

The crooked poacher? Les?

The profiteer? Chapin?

The moderator? The dentist?

And let's not forget our learned Letts who attended seminars and learned how to fleece the band of innocent apes waiting for a morsel of banana and coconut macaroon crumbs as they fell to the earth while the silver back and the poacher ate like wild pigs.

Ah, you just can't make up all the crap these guys dished out for years and years. TOOOOOOOOOOOOO MUCH!!!

FWIW, we have had two hammers on the candlestick chart. Does this mean a potential major reversal?

Hey, we might even get a big 100% upside from here for a return of $0.01 per share.

So let's see, I would have to purchase approximately 1,000,000 shares to move my needle just a tad were it to go up to $0.02. Ah, alas, this is the stock to own.

$60 per share. WOW. I wonder what planet's currency one was thinking about when making such an absurd prediction. We'd be lucky to clear $0.06 within a year or two.

If Les sold 1.6B shares at an average price of $0.04 he has pocketed $64M at the cost of honest shareholders.

Beth,

This story could easily be repeated many times over on this board. The person who recommended this stock to me has taken it on the chin just as I, you and many, many others. This "investment" was to take her out of the financial malaise she was in.

I actually discovered Medinah on my own. However, based on the language used in their pr releases, no capital, just forward looking pump and dump statements, it was clear to me that's all it was. So I stayed away from it. Well, until about a year later when my friend, who is truly brilliant and has all the credentials as described in the aforementioned post, recommended it to me.

I did not believe her at first. But later, because of my deep respect for her, decided to drink the cool aid and jump in. I then made the fatal error of recommending it to others.

I have told my friends who lost money on my recommendation that I would cover their losses. There were few who actually made money trading. I was scolded by my friend who recommended the stock when I suggested based on chart patterns, it was a good stock to trade. No, NO, NO she would say. This is one to hold.

There are tailings worth billions she would say. You could pick up rocks with gold right off the ground. My head would spin as I heard these ridiculous statements. Finally, when things did not pan out with the Swedish meat ball, and it all kept sounding like a pump and dump, I recall my frustration as I suggested over a long period of hold that JJ should be ousted. I suggested we should get experts in mining and send ore to the refiners and sell gold if it was so plentiful.

Well, she would say, JJ is the company. He saved it from ruin. He and his father wrote the mining laws in Chile and are very respected attorneys. JJ is up and up straight man, well thought of and honest. This went on the entire time I held until one day she asked I stop sharing her emails with my friends and later she began to get over the investment and over herself with this whole shenanigan.

The lesson here is when your gut tells you it is a bad deal, then ask your head if it is or not and follow your head, not your friend's.

How the insiders wove such tales is beyond me. Incredible that I did not follow simple rules of investing and ignored my better sense for another's idiotic sense.

I will predict there will not be any significant event that will add value to MDMN stock. Rather we will continue to see losses. Medinah is tied to Auryn and its success. I see Auryn going down the same path. NO SIGNIFICANT MINING WILL TAKE PLACE, certainly not enough for MDMN to be worth anything.

Let me ask all of you a question. If Auryn did not catch this unusual insider trading activity during their due diligence, why would I believe its board is any more capable or any better than the previous jokers at Medinah.

If they missed this activity, why would I not believe they missed other material items. I have been criticized for bringing up questions on Auryn and its intent. Time will tell if I am blowing hot air or if there is smoke there is most likely fire.

When the piano man and the guy from SLC bolted, it was time for us all to jettison.

I don't think there will be a meeting either. There is way too much dirt that will fly in that room. Whey would anyone who has to answer questions want to have mud on their newly laundered shirt.

By the way, this thing about innocent until proven guilty does not apply here. There is no one charged with anything yet. We are all waiting for further smoking guns, and the regs, if they choose to, have or will begin their investigations and maybe uncover wrongdoings and will most likely not do much.

Please help me substantiate their innocence. I don't see it.

Do not fear. This is the dawning of a new day for Medinah. Finally Merlin has appeared. We've been waiting for this to complete a most incredibly orchestrated magic show. For what is a magic show worth without The Wizard.

So conflicted am I about this whole Medinah episode. It's time for Medinah to look seriously into a a regimen of anti schizophrenic meds.

Perhaps the good dentist could use his expertise in things Medinah to prescribe just the right dose. After all, if he can prognosticate, in the most lengthy terms, the outcome of a gold mining operation, he should be able to write a short three line scrip.

Yep, Merlin is in the house!

I note it has been quite some time since the previous suspect issues were brought up. Namely shares that JJ's nemesis Bogdan was to replace JJ's shares. No one talks about short sellers. There is no more discussion on the status of the stockpiles that supposedly went to Til Til.

We now have a whole new ball game. Auryn. Yep. Auryn came to save the day for the stuckholders. And save it did.

No one can honestly say this day was not coming. It was shouted out from the mountain tops and etched in the shafts of this world class mine in Santiago.

There is always some nefarious plot that is ginned up that affects the process of mining this mountain.

Amazing how well disciplined, experienced investors were and are sucked into this story and are stuck. For traders, it was a good stock. For the ones who held and waited, rather foolish and a total waste of time and resources. I am not sure if this stock price will recover from these levels enough to be worthy of trading.

The chart says it all. A strong bearish channel has been the story for some time now. Yes along the way, there were trading opps. Good for those who successfully got in and out and picked up some pocket change.

Will Auryn truly have its day in the sun? No one seems to have the answer. It appears highly unlikely.

I am open to hear from anyone who has some degree of reliable information on Auryn's latest and greatest.

TIA

Correctomundo! Have you ever heard such BS? Rumors are rumors. But these sort of dubious messages are a blue print of Medinah's methodology coming from Medinah operatives. For years, the verbiage changes, however, the message is the same. No concern for shareholders and offensive to say the least, fraudulent at worst.

Hope and a prayer method of investing in stocks. This is totally congruent. That is exactly how how Icahn, Buffett, Baruch, Lynch, Ackman, Paulson, Einhorn, Templeton...should I keep going(?) approached their investments in stocks. Yes that really works.

I hope your prayers are heard loud and clear. Because I think there is a huge disconnect going on here.

I think I know where those certs are. JJ if you're reading this post, please call or stop by Bogdan's penthouse. I think he's got the certs hidden inside a stack of outdated yellow pages for safe keeping. Bet you'll find them if you follow my suggestion above.

Of course this is all that's delaying the continuance of the exploration. Upon discovery of these lost certs, all be well on the mountain.

Birds will be singing. Bees will be pollinating the pear blossoms. The swallows will be nesting and rearing their young. And finally, we will all be happy because this mountain has been Bery, Bery good to you. We owe it all to you JJ. Well lest I forget our dearly beloved LESTER the GESTER, here's to you and your tireless efforts in fleecing the sheep on that mountain.

Rick, I appreciate your reply.

Why not purchase on the open market?

As to Les and his cohorts, yes I am of the opinion that so far Medinah has had the makings of a well crafted scheme. However, I have not placed the Lett's matriarch on that team. Please don't even imply that I did. I think Roberto's desire to spread his wings may be a huge motivation for him to follow a misguided plan, even if it is innocently conceived.

Historically there are many wealthy families who end up with the errant "bad boy". Roberto could be either misguided or wants to pave his own path so badly that he is willing to put his family's reputation at risk to prove he is capable. He will not be the first to put his family name on the line or spend his family fortunes on risky ventures, at best and schemes at worst.

While you've maintained a generally supportive stance on the potential of Medinah's claims, and I see the potential as well, you might agree with me that Les and the gang have displayed no fidelity nor any loyalty to shareholders. We must parse the property from those who would use such for their ill gotten gains.

And, If I am wrong, please disregard or tell me so, but even you have mentioned how Medinah suffers from the "appearance" of a scheme. Where there's smoke, there's fire.

I ask again, am I on the wrong path to suggest that these shares are easily available on the open market to Auryn, especially now at a fraction of the cost of the option, and at much lower cost of the previously accumulated 150M shares? Why not make these purchases now and with deliberate haste continue the exploration? That is all that any shareholder can ask for. There are sellers of shares on a daily basis. Some days volume is substantially higher than one million. By this date, Auryn would have had those number of shares without a fight.

If they are making purchases and they are not under any obligation to disclose such, then we certainly will see in good time what they've been up to.

We KNOW that Auryn communicated their written intent to Medinah to purchase MDMN common shares on the open market.

We KNOW that as of 2/4/2015 that Auryn's BOD and associates "hold" 150 million shares in MDMN.

We KNOW that Auryn has been negotiating the acquisition of 350 million MORE shares in certificate form in an all cash transaction.

Rick,

What is the strategy, purpose behind Auryn's interest in wanting to purchase 350 million shares ostensibly from JJ and or other insiders?

The above question begs another question. Auryn has entered into the option agreement to purchase 85% of Medinah for $100M plus 15% trailing interest being held by Medinah shareholders. Correct?

So, here is where logic escapes me. If I am an optionee, I hold the right to purchase the property at the stated option value. Why would I want to then enter into a separate agreement to expend any other funds. I already am entitled to make this acquisition. What gain would I have in this strategy? Spend more to make more? Control the entity? Isn't 85% controlling interest?

If the purchase and control of this block of 350M shares of Medinah is so important in executing on Auryn's acquisition and ownership strategy, then why would Auryn not have made such a purchase on the open market during the past year? They certainly could have owned more than 350M shares of Medinah by now if they simply made purchases throughout the past 12 months. Smaller daily/weekly/monthly purchases would have netted them even more than 350M shares in the aggregate. So why these tactics?

Again, I will give my own answer, and await your comments. My reply to my own question is that this entire process with Auryn is yet another chapter in the well crafted scheme by Les and his cohorts.

You and others have referred to the stellar reputation of the Letts family in regard to this transaction's credibility. I don't see how one member of the Letts family can ruin the entire family's reputation by being involved in a stock manipulation scheme in a pink sheet company. I am not suggesting that this is the case. All I am saying is that if that is the case, then how would it damage the Letts name? The answer is none. There will always be a black sheep in a family. But the dynastic reputation does not hinge on one insignificant member's actions.

Is there ever an end to the continuing saga of Medinah? Or will this method of milking the public take a new form every few years?

Bogdan, money is in the bank, money is in Chile, cash dividends, deals with less than credible buyers, ore is being shipped to the refinery on and on and on. Where does this all lead to?

This round of quiet period has me thinking again of the larcenous designs of Les and his past architecture of all the shenanigans he has perpetrated.

We have all but forgotten about the 25 million shares of Bogdan and JJ escapade. We have all but forgotten that all the bs about nda's being in force therefore no disclosure is forthcoming of any of the details of any of the past failed deals. All this and more.

'Nuff. Your comments, PLEASE!

"...Martians bought Claro's shares..."

Why do I believe that statement resonates with truth as it relates to MDMN, and false in regard to any other security, even other stinky pinkies?

It's sort of like saying..."my dog ate my homework". In rare cases that could in fact be true. I suppose.

I also heard rumors that when our brilliant European scientists landed an unmanned vehicle on the comet recently, it was reported that a stockpile of dirt was clearly visible, with a posted sign marked as "MDMN Property, No Trespassing", awaiting for the second landing of, this time, a manned vehicle. This space vehicle, it was reported, would be manned by none other than LP and Claro.

The reason given for two pilots instead of one was simply because in the interest of reporting back factual activities in regards to exploration efforts, in Medinah's case, the facts are always verified by two "credible" sources.

MDMN may lack intrinsic value but as sheer entertainment it's priceless.

Beth, it's a truism that one can be judged by the company he/she keeps. In this case do we question the judgement of JJ, Chapin et. al or simply lump them in the same catagory as LP?

I don't believe LP sought out JJ so he can be rehabilited by JJ. No self respecting attorney would get involved with such deviats as LP.

Medinah's history has been mired with questionable actors and actions with desired results for the perpetrators and with dramatically unfavorable outcomes for many of us who trusted our sources as bonifide.

I am on record as having totally mixed feelings re this company but I lean mostly on the side of it being a scam at worst and totally void of any real substance to ineptitude and greed at best.

Yes there were times when I felt there was a great potential, but those were fleeting moments. I take responsibility for my lack of discipline in finally throwing out my good judgement and believing a friend's representation of this scam. I bought at or near the highs and worst yet brought along friends in my sphere of influence to this party. For that I am doubly shameful.

I should have traded when I held for the run that never materialized. You'll see in my posts how I doubted the purported reason of this recent wedding with Auryn. The entire Auryn setup was a mystery to me and still is.

I keep on asking the question, if this is a "world class" property why has it not been devoured by the "world class" miners. Too many games and for too long. I know the smart answer is the majors will not undertake exploration but will pay a premium to the juniors for their efforts and results. That's too convenient of an answer.

I have all but written off this scam. I don't believe we have much of a chance of ever reaching the old highs either.

I think this whole thing with Auryn will wind down this year and finally we will see this scam for what it is.

Even if the claims are truly rich it is doubtful we will see any benefit certainly in the present structure with Auryn et. al.

Over 1.3 billion shares outstanding and the $100M option money translate to nothing to hold for. Yes there is the question of what value to assign to the 15%. The question is when the mountain will be properly explored and to whose benefit will the windfall from the exploration redown if and when the results are as anticipated by us who are holding for that pay day.

Too many questions with too many scam artists and for too long.

Now we are to believe that Auryn will continue the exploration of the claims if it gains control of JJ's shares. Really?

Why didn't 't Auryn anticipate any issues in advance with JJ's holdings? I don't see how JJ is more of a threat to Auryn now any more or less than he was when Auryn agreed to the option agreement. What changed?

Supposedly Auryn had a free and unfettered look into all aspects of Medinah. What is the dilemma now? Why aren't we further ahead in the exploration? Where are the drills?

So now Auryn will send or has sent rocks to the labs for analysis. Ok, I'm ready for the results of the tests. Spring it on me.

'Nuff.

That's precisely what everyone is asking. Where is the gold? Assays are coming back "next week".

So funny, when BOD was using terms such as "imminent", "capital company", "next week", we all sat and waited, laughed, albeit some with skepticism. Here we are years into this charade, and still waiting.

There is no reliable, credible source to give proper guidance to the shareholder. I am not as confident at this point that this whole JV with Auryn was not the continuation of the same games, only with different actors.

If you think I'm blowing smoke, read the chart. While it is not a leading indicator, it sure paints an ugly picture ever since the option agreement, with the exception of a week or two.

This has not made new highs for a few years now. In fact the contrary is true.

Unless the assay results are stunning, you will be handed your wish on a silver, perhaps a gold plated platter. The chart is telling us this is going south, way south, all the way to the tip of Chile's southern border south.

Results better make me a liar.

Minatura Gold went private when the shares were trading at $0.10. The company tendered a purchase offer of $1.50 per share. Of course the outstanding shares were not in the same range as MDMN. Not a bad return especially if you could have bought enough shares prior to the announcement.

Even after the tender offer was announced, for a while the sp traded between $0.50 and $1.00. Even at those levels it was a great investment with a guaranteed buyout of $1.50.

Maybe, just maybe "next week" will arrive this year for Medinah holders.

Rick, I defer to your knowledge of the securities laws as to what may constitute a violation of US insider trading laws specifically as it applies to Auryn's stated disclosures and their current activities vis a vis disclosure vs. non disclosure, but at first blush, I don't see how failure to disclose their activities would be considered such. Again, I see the correlation, but I don't see the violation.

OK, just as I thought, I missed the full text of the option agreement. Kudos to the BOD and thank you for reminding me.

I have no beef at Auryn's transparency. I am little surprised that you would even ask that question Why does there have to be a catch?. "persecution complex?". Surely you jest. After all the years of Medinah's clear as mud BS talk and no action.

Auryn is now the answer to many years of frustration and disappointment that the shareholder has had to endure. Let's see if the property lives up to the the perception that has been promulgated by experts and scammers alike. The jury is still out on the full extent of the value of these claims. If it does not prove up as deep and strong as all the talk, then the common shareholder is screwed anyway. I guess we'll find out this year, as "next week" has long come and gone.

Thanks for taking the time to reply. Much appreciated.

Question to the Medinah intelligentsia...or is this an oxymoron? At any rate, since Auryn is a privately held company, they have no obligation to make public announcements to the common shareholder regarding any matter, least of all their exploration activities.

Now some might speculate that Auryn is under contract to BOD of Medinah to disclose all material facts regarding this phase of their due diligence, including but not limited to all their findings during exploration.

While the above might be true, it makes sense to me that Auryn is under obligation to disclose all material facts to the BOD of Medinah and Medinah in turn would be obligated to disclose the same to the common shareholder. Historically, Medinah's treatment of the shareholder has not met or passed the fiduciary smell test. So I would expect nothing by way of news releases from the BOD but that it would serve their self enrichment.

Again I ask, what's in it for Auryn to be transparent and fully disclose to the public, as Auryn has been in its news releases of their exploration findings, unless it has so agreed in the option agreement?

As always, the mysterious BOD refuses to treat the common shareholder with any modicum of respect, nor with any sense of fiduciary obligation by not releasing the option agreement with Auryn. If this has been released and I missed it, then my sincere apology to the BOD. I certainly never saw the agreement the BOD made with the Swedish meat ball. Yes I know, Auryn and the BOD are under a confidentiality agreement.

I guess the real dilemma at this juncture is not so much the tax consequence of a potential bonanza, but rather how and when will the sp go back up to the old highs.

Frankly, I am growing seriously skeptical that the common shareholder will see daylight in light of all the events, including but not limited to the stock transactions by Auryn, the contemplated stock transactions by Auryn, JJ's and the other BOD member's holdings and how they plan on exiting, (possibly exited or considerably lightened their holdings directly or indirectly), the continuing and possibly not continuing future exploration and results therefrom, possible dilutive effect of these shares that are floating around.

Bottom line if Auryn decides to scrap the exploration we are toast. If they continue the exploration and the results are discouraging we are toast. Is the exploration going to confirm the previous geologists assumptions about the world class nature of this property? Jury is out. The sp surely indicates it's a dud. I don't know how else to quantify the value of these claims. The historical crap from Medinah and the current sp is the best indication I have. So far, Auryn has not been able to engender a level of confidence to maintain a decent sp.

I can see a scenario where there is just enough good news for the Medinah insiders, including Auryn's to dump shares for extreme profits. However, to what level the sp will ascend after a carefully crafted "upbeat news" is impossible to forecast at this time.

I feel like the common shareholder is being played like a master violinist playing the Lark Ascending by Vaughn Williams.

For the record, my preference would be to listen to the aforementioned piece rather than anything that comes out of Medinah's news distribution hole.

So if we should be so fortunate as to see a huge run up in sp, let us then worry about the tax consequences.

Put me in the camp of those who are waiting for Auryn to prove up the mountain. I do however have my misgivings regarding the pure intent of all the parties concerned from Les to JJ to Greg and his entourage and have a hard time to simply dismiss all the past and current efforts to enrich themselves at the cost of the shareholders. I will accept a certain amount of incompetence. However, they seem to be expert in finding ways to bring new stories to the table to attract more bees to the nectar that never turns into honey for the waiting shareholders.

I also have this unsettling feeling that somehow Auryn was set up to accommodate the final distribution of, if not all the insider's shares at least enough to finally satiate themselves. This is just a feeling, and feelings are not the way to make an investment decision nor should you believe I have any information to back up my thoughts on Auryn. I am merely putting the pieces of this puzzle together as best as I can and do not see any reason for the huge decline in sp ostensibly with such a capable partner.

If the planned flyover mapping proves the property not worthy of the continued drilling, we will have a sudden exit and see the sp cascade down like the waterfall at Niagara.

I don't know enough to ask the right questions, but this I do know. Why is Auryn, a private company newly organized with just enough pedigree to provide a certain degree of credibility, and yet not the scrutiny that a more established mining company would be put through, the one to pursue this world class property and not Volcan and for that matter not one of the number of other second tier mining companies who could use another multi decade producing property such as ADL and LDM and the other holdings of JJ et al? This question may not be founded on anything but feelings, and as stated above, you cannot take feelings to the bank. Just my thoughts.

Should Auryn in fact make the decision to continue drilling and discover that the property is economically feasible to mine, what will that mean for the shareholder? There have been some work shooting from the hip on this question, but with the share price now in the trough, and so much in outstanding shares, how much will the $100M option money, if the option is exercised and the 15% trailing interest, mean to the common stock.
The jury is out on that.

As to law suits if this turns out to be a scam, frankly count me out. This falls in the catagory of life's too short.

If JJ's exit portends looming disaster for MDMN shareholders, then what does it mean to Auryn and those who purchased the 350M shares?

I'm confused. The buyer ,Auryn, obviously thinks it's a strategic purchase and will benefit from this purchase.

As to why the seller, JJ, sold, we don 't have a clear picture.

The thought that this whole charade could be an incredibly, excuisitly orchestrated scam is not out of the rehlm of possibilities.

Les, Chapin et al have their hooks in the common shareholders and are turning and twisting it every which way.

What a way to look out for the shareholder.

Abz, I really don't know what you mean by "reset". I am however clear on what I have seen over the past six months. The technical readers would call this chart pattern lower highs and lower lows.

Where is the reset? Please elucidate.

And Oh btw, if the fly over pictures are negative, and AMC decides to stop drilling, the next "reset" will take us down to sub penny.
Just thought I throw in a little dose of reality.

What is unclear is if the exploration is successful, to what degree and what will it mean to the shareholder. So far as the stock price indicates, it is bubkiss. NADA.

As to the insiders, I don't know exactly who, but there are tens of millions of shares traded since the AMC option agreement. WHO WOULD SELL at these prices if ostensibly, the option value is at least in the range of $0.10.

Never again a bb stock, even if recommended by Bernard Baruch himself in the flesh.

Veb, you do not need their saliva to perform a DNA test. I am surprised you would even ask that question when their DNA is all over the followiing:

1. The carefully crafted updates
2. The purchase/sale agreement with the Swedish meatball.
3. The 10% dividend stock
4. The questionable insider agreements to distribute shares to each other.
5. I am almost sure The ADL Plateau has plenty of their DNA. Just pick up a scoop of that placer dirt full of gold and...well mixed with CU, AG and some spit here and there.

And if none of the above provides any evidence of their DNA, then get a hold of the hundreds of millions of worthless shares they issued to accommodate their ATM machine. That has their DNA all over it.

On a serious note, what is so sacred about the failed purchase contract with the Swede that it has never been released. For that matter, what about the prior one that failed. These operators are not in this for the common shareholder. If I read their patronizing statements one more time to the common stock holder, I will puke. Keep your updates in your safe, and just come clean with this whole business.

Can't wait for Auryn to get to the bottom of this whole charade. I hope Auryn's DNA does not mingle with Medinah's BOD's. I have a property that is producing gold which I believe is more promising than the Medinah claims that I will present to Auryn.

SuperD, you opened the door wide open for some good satire, as there is nothing else to talk about in this phase except to wait for the slaughter or the peak. I frankly am totally open to either.

So here it goes. I am a member of Ancestry.com. My wife does a lot of genealogical work. She has uncovered some amazing information on her ancestors.

With regard to our illustrious, fearless and such capable members of the board, I am not sure if we should dig that deep. Doing so may in fact prove some notions we may all have of their ancestral roots.

So, if any of you want to read further, here is how I see it. If we discover that these guys are related to some famous historical figures, and if those ancestors are honorable and accomplished people of great stature, these actors in Medinaland might present an embarrassment to those ancestors. I would go further to say that if we made their ancestors aware of their descendant's games, charades, ploys and full and complete disclosure of these famous Medinah exploits, why...they might roll in their graves.

So, I would not dig too deep in order to allow the dead to remain in peace.

But on the other hand, if we do some searching and discover some shady characters in their past, (as my wife thinks she might possibly be related to Sir Francis Drake), then we might come to the conclusion that this type of shenanigans are genetic, runs in deep in their DNA, and finally see that it all fits snug, like a glove, (that did not fit OJ. Or did it, and the prosecutors were too stupid to not force him to remove the latex gloves before putting on THE glove). Anyway, I digress. That is a subject for another day.

So, the suggestion that is offered by you is that these characters are possibly related by blood, ergo, the unanimity of their decisions, acts and omissions. Well, that could be so, but why would I waste my nickel, if I already know that they are related, if not by blood and DNA, then at least in deeds and mindset to make off with as much Yankee Dollars as possible for their gain and enrichment while the sun do shine, and damn the common shareholder,

The other notion in the deep recesses of my mind is that if at the end of the day Auryn is found to be complicit in this charade and this whole exploration, discovery and the continued dissemination of the typical updates from Medinah, are just a delay tactic while the elite cash in on their shares in the open market, leaving the common shareholder with the bag, as Auryn pulls their horn after discovering the "uneconomical" value of this whole plateau, and then shares plunge to sub penny levels. Then I would have to conclude their relationship is thicker than blood. It is held together by much stronger elements than even blood. They would then be related by a fierce desire to fleece the common shareholder. And that type of scam filled relationship has existed throughout mankind and will continue to exist, Medinah's BOD being no exception. (That is if this turns out to be the scam that Les and his friends concocted).

I also would not insult and offend baboons and apes as Darwin has with his theory of evolution. I don't think these guys are even remotely related to such beautiful beings as the aforementioned animals.

So, let's wait and see if their DNA is of noble birth or possibly related to the line of scam artists.

Agreed on your points. Yes Rick, it is really simple.

Here are the claims. There is potential here. Let's explore and prove it up. That always should have been the script. But, the BOD has done its level best to complicate matters.

Slow is fine with me. I have patience. However, I don't know how anyone can extrapolate the future gains from what we have seen so far. I have made my WAG's, and all speculation is just that. The jury is still out. If $.20 to $.25 is all that this stock is worth, that's fine too. We just don't know enough to make a solid judgement yet. We have to wait for results of drilling and what this offer is for the remaining claims.

One thing you might agree or disagree on is that the share price decline and low volume lately is speaking volumes.

Sorry to say, Veb, the perception that the public has of the BOD is exactly the underlying theme of what you state above.

I will take my losses before I dump on an unsuspecting buyer. That is to say I do not want others to suffer the same loss as I might experience if this does not pan out.

I have sold stock that has gone down in value and have sold stock that has gone up in value after I sold, but never do I take any pleasure in intentionally inflicting a loss on anyone, even if I don't know who they are. There is no comfort in knowing my intentional and willful actions have caused another to suffer. That unfortunately is not the perception I have of the BOD.

I state my opinions based on what my experiences. That's my rule of life. Take it for what it's worth.

I am certain you agree with me and that is your sentiment as well.

I find it incredulous that there exists in our minds the notion that there still is any modicum of goodwill on the part of the BOD vis a vis the shareholders. To put it in the simplest terms, they are out for themselves and have used this pink sheet vehicle to enrich their pockets. The question is not whether or not the BOD is required to report certain material facts by the SEC, but rather what is their responsibility toward the shareholders even if the SEC does not require a pink sheet company to report certain information. And additionally, what have they reported to the public and what have they concealed from the public, and why?

A practicing barrister and a former cop who is trained in fraud should know what it means to intentionally withhold certain material facts that would have either a negative or a positive impact on the share price.

These men of the BOD, with the exception of Les, were represented to me as being honorable, capable, knowledgeable and most importantly, ethical.


They cannot yell fire in a crowded theater and stand back and watch the disaster that unfolds while they benefit from the stampede and then be considered as having made a simple mistake.

They made all sorts of claims to us shareholders when they held the infamous shareholder meeting in LV as they revealed their coup d'etat with that marvelous fraudster. We are now a "capital" company. On and on.

They have cried wolf too many times. Even if they are given the benefit of the doubt as being incompetent or any other manner of operational weakness inherent in their leadership, historical announcements, news, or lack thereof, not being transparent with shareholders, misinforming the shareholders and using would be buyers as opportunistic means to increase share price and possibly sell into such rallies has given rise to their appearance of being scam artists. Sorry, that is the plain scene as I view it, and there are many here who have even stated the same sentiment and still do.

So seemingly the Letts family name has now lent a certain air of respect and has given Medinah and the BOD a new life. If the exploration currently underway does not prove up and if this new offer for the remaining claims of NUOCO is just another $100M option to purchase offer with certain threshold of exploration expenditures, protracted over several years, we are in for another disastrous decline in share price to levels that would make even a grown man whimper.

You have to wonder how many lives does this cat have.

Obviously the market does not believe Medinah or your position. I also felt we should be looking at this with a long term view.

However, with an option offer of $100M for 85%, and all that was said about how much better/more superior the LDM claims are to the ADL, we should be trading higher, certainly several points above this level. $0.10 range would make this a more believable company.

This trading price and volume smacks of a scam, not a real story. That is the typical Medinah scenario.

I await.

This type of crap never sat well with me. As the announcements unfolded after I jumped in, I could not believe my eyes as I read what I read.

How is it that no one owns 5% or more when JJ et al are in it so deep, especially with the convertible preferred shares that he held which he has already converted.

I would refer to my friend these ridiculous statements from the board to only be shot down as "you don't know what you're talking about. "I know the inside story".

But finally, after I have correctly assessed the BOD pronouncements, my friend is silent and I do not receive those emails of "we are finally there", "next week", "$500M capital raise" all that BS is gone. Things are silent and on a wait and see mode.

I have a sinking feeling we are in for another one of Medinah's famous lines come January when Auryn's "firm" offer is announced and there is nothing there but fluff again.

No money ever changes hands between any buyer and Medinah. It's the same news, hashed and rehashed with a different arrangements of the same words.

Best if I had stuck to my first impression and simply used this stock to trade the hell out of it. Great trades on the long and short side.

Depending on the new fluff story, I may buy up again when it hits new lows in the $.03 level.

Yesterday the technicals looked good, to only deteriorate any short term potential upside with today's action.

Let's see where it closes today.