Medinah Minerals (MDMN)

[jetpilot1101]

Assuming Auryn is legit and they want to own the company then the lowest possible share price benefits them. Why pay 5 cents/share when you can let the price languish and pay 1 cent/share or even less. At this point, they have 2+ years left on their option to purchase...why not depress the share price and then make a tender offer at the lowest possible buy out price. They are holding all the cards, including any insider information on what the exploration has uncovered. It looks like Auryn is playing hard ball and team MDMN is woefully outmatched. Welcome to the big leagues boys, too bad all you have is Les Price and a geriatric pear farmer in your corner. This one is going to leave a mark.