Friday, October 28, 2011 5:40:50 PM
I have been reading the Medinah Minerals website religiously and for the life of me I can't find the information that states that the current deal with the JV partner has been vacated. Can you please provide the link that supports that statement?
To your other point about Medinah never delivering a deal. I seem to recall information on the official Medinah website that states that a JV has just been consummated for the LDM property. Here is the OFFICIAL news release from the OFFICIAL Medinah website...
Dear Shareholders:
Management is pleased to announce that the confirmed funding of a Joint Venture Agreement with a Chilean company, LDM (Chile), has been concluded to immediately commence underground development of the claims at the Las dos Marias property. The monetary commitment to fund the program has been placed into escrow by the investors to the benefit of Medinah Minerals (Chile) S.A. Medinah Minerals, Inc. (USA) will share in a 50% ownership holding of Minerals (Chile) S.A. interest in the project.
Sounds to me like a JV, unless of course you think that Medinah Minerals is putting out lies on their website.
What say you?
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