Medinah Minerals (MDMN)

[Money_For_Nothing]

Already there is talk of expanded regulation as a result of the accident. That does not affect the announcement of a JV but could impact the cost of drilling and eventually extracting the minerals and thus ROI calculations. Investors hate uncertainty. But more importantly, you are not going to announce a large JV when the news is full of accusation of corporate safety shortfalls in the same industry, same country, and for all we know the same owners.

This deal will get done, It is just a matter of time.