Medinah Minerals (MDMN)

[Money_For_Nothing]

The leaves, the trees, or the forest.

The receivables are probably an allocation of cost to a related party since there is no operations, ie management fees, consulting, allocation of shared costs. These receivables are not a result of operational or economic transactions. My suggestion is write them off. But if you want to, I understand.

The decrease in payables are operational, thus IMO are significant.

As far as dilution, that is why MDMN exists today. Our access to capital markets is important in helping fund the cost (50%) until completion and is the liquidity tool to covert ownership to cash in the future.

Audited financials, while desirable, would not change the leaves, or the trees, but help better define the forest.

IMO only. The mountain is the play and time is the ultimate variable. Stand back a little and try to take in the view.