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Sunday, May 11, 2014 3:42:53 PM
We are pleased to announce that we have received a firm written offer from a group of well-known and highly qualified Peruvian mining experts to immediately commence development of the entire Altos de Lipangue properties. Medinah has until June 9, 2014 to accept or reject the terms of this agreement.
The above directly from Medinah's web site under Shareholder Updates.
Here is the link to the entire message which was signed by JJ and dated April 25, 2014.
http://www.medinah-minerals.com/shareholder.html
I can't be alarmed yet at this yet unverified statement attributed to a board member. But if it is verified, and this meeting is concluded with more questions than answers, is this the case of the left hand not knowing what the right hand is doing? Is it time to reshuffle the entire BOD and hand this project to a group that either brings the potential of this property to fruition or comes up with a final legitimate NI 403 type report that will show this project is not economically feasible and let us move on.
Enough!
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