Medinah Minerals (MDMN)

[easymillion]

CS-Didn't You Once Say $10M Would Be Significant?
Obviously $74 Million for a JV (and many milestone payments during the next 3 years to develop and prove up resources) is significant. You still dismiss this JV as being nothing more than a long shot. The official announcement will come prior to September 16-21, IMO.
You are an intelligent and prolific poster. As an accountant, why would a 0.007 dividend/share be paid when a share buyback would deliver much more value to shareholders? You once said you would NEVER buy this stock under any circumstances, yet recently you stated you actually are now a shareholder. Gambling bug on a longshot? I suppose your position is less than the cost of a roundtrip fare to Las Vegas, and at least as much as a night out from the Hamptons to Atlantic City (joke - incase you don't catch my sarcastic wit). Apparently you took my advice in a much earlier post where I stated, "Enough said for anyone with enough intelligence, patience and perseverance to turn a few investment dollars into a nice nest egg ... but in case you don't get it ... read on.
As Doug Casey said in a recent article titled Save, Invest, Speculate, Trade, or Gamble?, "But resource stocks impress me as a first-class speculative opportunity. A good speculation, you’ll recall, is one that offers – in your subjective opinion – not only a very high chance of success but a significant multiple on capital. Resource stocks, and the juniors in particular, definitely fit the bill."

"The Gordon pipe with its $1.35 billion in “Measured resources” outlined to date based upon mid January of 2008 metals prices..." is sure to have been looked at by our JV partners over the couple of years it has taken to put this JV together. For any newbies who have a hard time understanding this, read all of Dr. Jim DeCosta's Valuation Consideration here:
http://www.medinah-minerals.com/projects.html

It's also well worth looking up Casey's article and reading it in it's entirety. He summarizes by saying, "Someday we will look back fondly on today’s period of relative calm as the “good old days,” at least compared to what’s coming. The time to get positioned is now, well ahead of the crowd."

MDMN certainly offers a very high chance of success, in my subjective opinion, of course, and definitely fits the bill for a significant multiple return on capital.
Invested in the Mountain…
And that’s what counts!
Easy