Hello again men and a few boys,
Goodness gracious what a raucous! Haven't had that much of a stir since I posed nude for voyeurweb.
The emails are overwhelming with the underlying concern of course being how much? Typical of males but then again I often ask about the same question when I see my next ride!
Anyway, just a bit more knowledge.
The Gordon breccia is represented as being valued well over a billion. The other claims could meet or exceed that number, easily. No major miner will give you full face value for a property without it having proven reserves and a infrastructure within place. Medinah and Cerro do not have the means in which to bring that to fruition.
What they do have based on the data collection and the salesmanship of Juan Jose and Mr. Smithson is a property that will justify an agreement that protects the JV partners from losing the properties, and gives Medinah and Cerro a FAIR & EQUITABLE price NOW for their efforts. Almost a very handsome finders fee if you will.
Unfortunately, like it or not, the more Mr. Price is allowed to issue shares and dilute, the less market value investors will see. Yesterdays update is a slap in the face to all of us. It also appears that certain shorts have been allowed an exit door from some shady under the table deals with Price again. Remember, Price does not act alone. Never did I realize the disdain for the management of Medinah until last week.
The majors have made it clear they want no participation from Medinah or Cerro once the deal is accepted. They will be silent partners waiting for the final check should the property show the justification of a 1.0 to 1.5 billion payday!
Now I know all want to see yesterdays post and in due time you will. If I take a liking to you, you might see more! Remember, the info is out there. Of course I know I have something you men want and was able to use it expertly to get what I wanted. Get away from the normal routine and try something different; I promise you'll like it!
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