Medinah Minerals (MDMN)

[jetpilot1101]

That is an astute observation and an interesting third option. Maybe they are just really tough businessmen and they see an opportunity to marginalize MDMN and the moving truck full of baggage on the cheap. However, I don't think that tough businessmen would want any appreciable interest in their company held by frauds and cheats. This is why I think they need to root out the issues with MDMN's capital structure before they IPO and presumably do a share swap with MDMN shareholders. We'll see what happens.

You are correct, what they do with the cash and the property will be telling. They are going to need to get the attention of the greater mining community before they IPO. Solid exploration results will do this - nothing more. Platitudes and promises are not going to woo investors. If Auryn delivers, then MDMN shareholders should have a fighting chance (assuming the share swap happens).