Medinah Minerals (MDMN)

[mrbubba]

"Preposterous"?

People negotiate contracts every day; it's a quid pro quo deal, you can't get something without giving up something else.

I could well imagine MDMN saying we require cash up front, and then Auryn saying we don't want to pay anything up front, especially since we've agreed to $10 Million in drilling up front. Then, MDMN could have said, that's fine, just agree to buy some of our stock on the open market after such and such date (or otherwise scheduled).

This is NOT out of the realm of possibilities. In fact, it makes perfect business sense. Maybe we have not yet arrived at the date they are supposed to purchase.