Medinah Minerals (MDMN)

[Medinaminer]

Minatura Gold went private when the shares were trading at $0.10. The company tendered a purchase offer of $1.50 per share. Of course the outstanding shares were not in the same range as MDMN. Not a bad return especially if you could have bought enough shares prior to the announcement.

Even after the tender offer was announced, for a while the sp traded between $0.50 and $1.00. Even at those levels it was a great investment with a guaranteed buyout of $1.50.

Maybe, just maybe "next week" will arrive this year for Medinah holders.