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Tuesday, June 03, 2014 2:07:46 PM
I hope they accept an offer
So just to clear the air, I am not now nor have I been a fervent supporter of the present or the past members of the BOD, nor have I endorsed management as operators of a mining concern. There was a brief time when perhaps I might have thought the management could pull off a sale, jv or be able to do something to monetize the assets, but that was brief and gone with the western breezes of Santiago into the wild and stormy Pacific.
I am done hoping with this group. Hoping is a dangerous and sickly attribute when it comes to this type of investment. Hope is great in some areas of life, but does not apply here. I want to see some moves on their part to instill a vote of confidence in me that they are ready for the big time. So far, they have proved otherwise. Since they brought on board a few seemingly rational businessmen, perhaps there is reason to wait and see how things roll out from here on out. I therefore do not hope for things, I expect them to perform. I expect them to make sound business decisions. I expect them to deliver on their promises. I expect them to stop making frivolous announcements. I expect them to show by their actions we have cause to have certain positive expectations.
Certainly if they sound like scammers, walk like scammers and act like scammers, they are scammers, whomsoever they may be.
I always noted that JJ may have a skill set to amass claims. I will give him credit for doing a fine job of that. Even then, I am not privy to the details, I am assuming that the claims Medinah owns are well documented and all agreements are properly drawn and all laws and governmental rules and regulations are in conformity to the mining laws of the land.
So, yes we agree. It would be in our best interest to join with one of the big boys and finally begin serious exploration and mining activity to monetize this asset. The jury is out. I'm afraid June 9 may be another bust.
I would be glad if I am wrong in my last statement above. The stock chart is pointing up to me. But the upward move is and will be predicated on a strong,positive news. We await.
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