Medinah Minerals (MDMN)

[wmo767]

A little history.....

When this property originally started Juan held much less property than is currently controlled by Medinah/Cerro Chile. I am sure it was less than 6000 acres and in fact may have been much less than that.

When I got into this over 5 years ago I believe the total propety size was up to approximately 10000 acres. Since that time to the present the total size of the property has grown to in the range of 25000 acres.

When I went to Chile in August of 2009 I met with Bogdan Borkowski. I met with him for one reason only and that was to get all the information I could about what was going on in Chile. Bogdan is a former friend/business associate of Juan Joses' who was at that time in contentious arguments with Juan about a supposed unpaid debt. That debt has been settled in Juans' favor and Bogdan is no longer a pain in anyones' butt at this time. As far as I know.....

While I was in Chile I did find out that Bogdan had purchased all of the land surrounding the Alto and his goal was to force Juan to give him the Alto as payment for the debt. As I said that has been settled to Juans' benefit but I do not know if Bogdan still owns the surrounding property or not.

I would venture that if he does own the surrounding pro;erty he would never agree to sell. He knows how much it could be worth and probably has no intention of letting it go.