There has been an awful lot of talking here by an awful lot of people with an awful lot of conjecture on what has happened and what will happen in the future.
Who's right and who's wrong? Damned if I know....but I do know a few things after 4 and a half years and hundreds if not thousands of hours digging info.
First, Medinah has managed to survive inspite of itself.
Second, nobody and I mean nobody has invested in this stock or CDCH ever thinking this was going to take this long.
Third, the only reason it has taken this long is because I honestly believe it has only recently come together. The land, the partners, the price of metals and the pressure to close.
Fourth, many here are here because there really is no where else to go. A few on here know my story and why I am in this as long and as deep as I am. I truly had no choice. It was a big score or nothing. I believe this is the big score.
Fifth, I can count 25 owners of Medinah stock who own and control the entire float. Now if you believe the numbers of how many stock holders there really are that means there are over 6000 other shareholders owning stock that is all in excess of
670 million shares. What is the average shareholder in that 6000 shareholder group holding? I honestly don't know but how many shares of a penny stock would you own even it you're just playing? 100,000? That's 600 million short. 200,000? 1.2 billion short. 500,000? 3 billion short.
Sixth, if this really does what it should do, assuming we have the resources in the ground on the Alto, it will be a life changing event for everyone who has had the patience, fortitude and probably the stupidity, at least in my case, to stay.
Now these may not be awe inspiring reasons to invest or to remain in a particular stock and there are many other things I could write down but these are for me the most pervasive. Oh and anybody been flipping this stock and making money at it good on ya. I don't have the smarts and was always afraid that if I sold at the high the announcement was going to come and I was going to screw myself.
I just hope that all of those who do stay and do make money plan to give some of it away to share your good fortune. I plan to if I ever get the chance.
