Medinah Minerals (MDMN)

[Money_For_Nothing]

Forest for the Trees

Since we are not an operating company the receivables are both inmaterial and meaningless. The trust fund is undefined as to purpose and legal parameters.

The profit and loss statement gives us a more complete view of the company's operating cash requirements for the period in question.

The best way to look at MDMN, IMO, is to see the Company as holding a item of undetermined value. Management is trying to monetize that item and create a future cash flow from this process for the benefit of it's owners. Based on the cost to more accurately prove up the value in an ever changing market of multiple variances, the Company has set a high threshold for its acceptance for this ownership transfer.

The financials only represent the cost of this process, NOT the cost of the future operating entity. Investors should look at the financials in this light and not like you would evaluate a normal investment.

IMO, the financials report an efficient process in a cash strapped entity, where every decision has a cost measured in delution until the monetization is completed. Management is focused on the end game and not worried about the SP until that is achieved.

The flippers and the day traders will make money during the period leading up until the completion of this process and the long term shareholders will make money upon its completion, whenever that time comes. The mountain exists, we have interested parties, we just need a meeting of the minds to move to the next step. I believe we are still within a reasonable time period to complete the agreement on the table.

Know what you own and understand the process and you can weather the SP moves and keep your sanity. Many here have lost that edge and can't see the forest for the trees.