Medinah Minerals (MDMN)

[Hurricane_Rick]

MDMN's business has zero to do with NSS

Absolutely Ex-Blox. By all counts the company is focused 110% on their business in Chile (as they should be), most immediately monetizing their properties on the Alto de Lipangue plateau. This is a VERY exciting and important time for JJ, Medinah Minerals and its shareholders. The JV/purchase agreement which JJ has been negotiating in earnest since 2006 and arguably for 14 years, is at the heals of bearing fruit and by all counts well beyond shareholder's expectations and dreams. The share price rising strongly and steadily to its current .16 level over the past 3 months or so is an undeniable testament to just how close the company is to finally announcing the close of the deal and name of the purchasing entity that will be drilling and presumably mining ADL...and paying MDMN a minimum of $90 million in the next 3 years and 7.5% FCI for the life of the mine.

While management is obviously aware of the NSS situation in MDMN, most recently confirmed and amplified by the SHM scrutineer's report documenting the ~400 million shares sold over the total outstanding shares, they have their eye on the prize (as does JJ and the shareholders). The BOD knows that the NSS situation will works its way out organically by the company executing its business plan, monetizing its assets, capitalizing on other geological development projects in the hopper and dividending its revenues where and when applicable. Once the partner is announced and the drilling program commences, and the results reveal what all of the professional geologists that have visited and analyzed Alto de Lipangue, any entities that are carelessly short will realize that they are on the wrong side of the end game.