Medinah Minerals (MDMN)

[Money_For_Nothing]

We Don't Need the Pump

I am a true believer, and a long term shareholder. Over the last two years I have seen the pumps and the dumps, and while I have no objections to buying on the lows and selling at the highs, IMO I do not believe that this is the time to be playing that game.

The play that benefits the long term shareholders, both before and after the JV announcement, is a stock that looks not like a penny stock, but a solid long term play. I believe this stock could be, Long Term, a big winner, beyond even the BS that is talked about on this board.

I plan to take some money off the table on the spike and expect the price to fall back as others do the same, but will keep a significant holding beyond the announcement and into production. But we need to move beyond the penny mentality if we are ever going to reach this reality. These opportunities do not come but a couple of times in ones life. Google, Apple, were once penny stocks. While this is not either, the returns long term could be.

I find it heart warming that some many people, want everyone to get rich on this play, AT THIS POINT, me I do not care, sorry I have been in long enough that I have paid the price. Good for the newbies, but we don't need them, this is going with or without them. So welcome aboard if your on the play, but I hope they understand the stock, the time tables, the munipulations and have done the DD so that we can achieve our ultimate goal of a strong, cash machine, that over the next twenty years pays dividends of $.20 per share, per year. That is $134M per year and is possible, based on the size and estimates of the mountain.

That is retirement money, thats the end game. So get excited if you need to, but short term swings in the stock price means nothing in relationship to the long term possibilities, and in fact, can effect our ability to achieve the maximium benefit. I do not mean to be the wet blanket, but I have seen the down side of bad timing on the pumps.

If it goes next week, great, I do not believe we are that close, but would love it if we were, things change, timing changes, and the seasons in Chile changes. NOW, would be great, but if it is December or January, that is OK too. It does not deminish the play at all, unless your intention is to sell all that you got. I figure though "after tax" you better be holding 3M shares or more if you are playing the short term strategy if you want to retire in style.

Here is hoping next week is it, but keep your eye on the prize if it is not.

If your In, Your IN.