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Sunday, April 13, 2014 1:10:07 PM
from bald eagle man do doctor shill :
"A 20% FCI on the Nuoco would be very positive. However, when I read the following from the latest update:
"As a result, in addition to the current 30% free-carried interest and 20% ownership rights which Medinah Minerals Inc. shareholders presently enjoy in the LDM property, the LDM property will be amalgamated with 19 other claims. Medinah Minerals, Inc. shareholders will now have ownership interest in all of these claims as a 20% owner of COMPAÑIA NUOCO MINING CHILE S.C.M. These new ownership rights are being given with no cost or share issuance requirements to the benefit of Medinah Minerals, Inc. shareholders."
There is a clear distinction between free carried interest and ownership rights. As you know, there has been some confusion in the past on various terms used to describe our interests in the LDM. You can confirm that the ownership rights are actually supposed to be free carried interest?
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