Medinah Minerals (MDMN)

[Hurricane_Rick]

Auryn is the key. If the pear farmer finally makes a shrewd call rather than holding out for a long shot that now has ZERO chance of EVER happening, things could turn out OK.

Huh? I'm not sure I'm reading this right. Are you saying that even with current events demonstrating Auryn's financial, logistical and strategic commitments to ADL that you feel that ["this"] is a long shot with zero chance of ever happening? I'm assuming "this" is referring to the monetization of ADL or some other measure of a successful investment for Auryn which transitively equates to a successful investment for JJ and all common shareholders. Or am I misinterpreting what you are saying?

But if JJ's stubbornness causes Auryn to walk away (and believe me, that possibility exists regardless of what the promoters will tell you- they're not going to let a few bucks of drilling and 150MM shares force them into bed with a partner they despise- bank it), I say it's time to unleash the hounds of hell and grab some popcorn.

This is a bit far-fetched. Auryn wants control of ADL in its entirety. This should be clear to everyone reading the tale of the tape over the last 18 months or so. Auryn doesn't need JJ's 350 million shares to gain control the mountain. They just need to control about 700 million shares - another 550 million shares from open market purchases on top of the 150 million their BOD and associates have already accumulated. That's $55 million at a .10/share average. Acquiring JJ's 350 million shares expedites the accumulation process for Auryn and gets JJ out of the way - which is obviously a value add for Auryn, but it is certainly not a show stopper - particularly since Auryn has been plowing ahead with their ADL acquisition plans since they first signed the LOI.

Auryn is committing more than $10 million towards drilling and exploration for the project when considering their recent options to acquire Cerro Dorado's properties for 3,000 meters of drilling and $1.5 million, as well as LDM/NUOCO for 5,000 meters of drilling. Reports are that drilling is recommencing this week on high priority targets. One quick perusal of the recent news releases from Auryn does not show an operation that will suddenly pack up and leave if they don't get JJ's 350 million shares. They've already completely and effectively minimized him. If JJ wanted to stonewall Auryn, he wouldn't have agreed to letting LDM go because that operation was the closest and arguably cheapest path towards revenue production.

Auryn would not have proceeded this far and this aggressively if JJ's 350 million shares were going to be a go/no-go issue on the project. Auryn (or should I say Volcan) has wanted ADL for years - badly. This is not speculation. It is fact. They will move ahead with the monetization of ADL with or without JJ's 350 million shares. The only thing that will cause them to balk will be if drilling and exploration fails to yield results that will make the project worth their while.

Any salacious threats of litigation by shareholders at this point when the worthiness of the investment is FINALLY being empirically tested after 18+ years of stagnation is a premature paper tiger - though it probably makes for good bathroom reading while passing the time. I think the stalled share price is causing many shareholders to become frustrated (understandably) and lose perspective (not understandable) on this investment.