Medinah Minerals (MDMN)

[jackrix]

So...the POLO claims are a "new" property with no association with Madre? The copper, silver, gold and moly they are talking about is from surface sampling on THAT property?


You were telling Steve that Madre was a valuable property, but they don't give any results of their RC drilling other than to say they've drilled 29 holes.


Have they found any higher grade stuff than the 1 gram stuff that Pegasus was hitting or are they just going to mine the 1 gram material and see if their recoveries are profitable?


Unless they've really expanded the resource, Madre doesn't look that exciting, and considering Medinah only gets 5% of net (I assume) then it's probably not going to make a big difference to the price of MDMN.


POLO could be a different story, but apparently that's just in the very early stages of exploration (unless I'm reading things wrong).