Thursday, February 27, 2020 10:23:56 AM
So, my question is this, How much money did Auryn (Maurizio) invest in the property to prove up the property to attract Hochschild's Mining. If a mining company with the deep pockets of Hochschild Mining was attracted to sign a JV contract with Auryn based on past efforts to prove up the property, why wouldn't that apply to Medinah if they were able to gain back control of the properties.
From what I am told, $50 million was invested in the properties by the past officers and directors of Medinah to attract a JV partner. All those records are still available for amy potential JV partner to make use of.
When the JV contract with Ulander was signed, there were several other major mining companies who had demonstrated an interest in signing a JV with Medina but sadly, the officers went with Ulander. We all know how that ended.
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