Medinah Minerals (MDMN)

[Mining Investor]

From a stockwatch article.

For Mr. Price, the sparring over Medinah is not the first time he has faced controversy over a public company. On April 17, 1989, he agreed to serve a 15-year ban from trading and from acting as an officer or director of any public company. (That ban ended in 2004, the same year that Mr. Price says that he became chief executive officer of Medinah.)

Mr. Price accepted the ban to settle an administrative action from the B.C. Securities Commission. The regulator said that he manipulated a company called Carepoint Medical Services Ltd. In an April 17, 1989, agreed statement of facts, Mr. Price admitted that he traded Carepoint in a manner that resulted in a “misleading appearance of trading activity in and/or an artificial price” for Carepoint.

Also in Mr. Price’s history is an April 10, 1984, ban imposed on him by the Vancouver Stock Exchange (a predecessor to the TSX Venture Exchange). The exchange said that he made trades in a company called Starburst Energy Corp., with those trades “unduly disturbing the normal position of the market.” This caused the company’s warrants to trade at a price that “did not reflect their value.” The VSE banned him from serving as an officer or director for one year.

Add to this the Bermuda Short and the scheme of illegal shares in Medinah.

I am questioning now if the property has any real value.