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Re: Zhenli post# 80371

Wednesday, 09/30/2020 11:40:16 AM

Wednesday, September 30, 2020 11:40:16 AM

Post# of 80983
If Raul needs 500,000$ to cover the debts of medinah, as he has stated, and he could sell 1 million shares at 50 cents, that would leave about 15 million shares for mdmn shareholders. With Rauls shares cleared out of the market and the remaining shares, with some good news and proper attention to the market, was able to to reach a level of one l dollar, that would leave a value of about 15 million dollars to distribute to 3 billion shareholders. In my opinion that is a reasonable goal but really doesnt give mdmn shareholders any great return. If the alto property was properly managed and a decent joint venture partner came to the table and results were positive, the possibility is the auryn shares could reach as high as 5$ which would really give some value to the mdmn shares. The other negative factor is that maurizio and amparo are the major controlling shareholders and we do not know how they will dispose of their holding which, of course, would seriously affect any market.--In summary i think it would be possible for auryn market to reach 1$ but for any real return it would have to reach the 5 dollar level.