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Thursday, March 22, 2012 1:40:13 PM
Forgive me for being a bit dismissive in this response, but it is clear to me from the statements you are making and questions you are asking that you haven't performed a great deal of due diligence on the company. That is not meant so much as a criticism as it is a reason of why I don't wish to engage into detailed debate about subject matter that has been discussed ad nauseum over the years and that a lot of times has already been answered in documents readily available to anyone performing the most basic due diligence.
The fact that you ask whether there have been any independent 3rd party work performed on the property when Medinah's website has an entire linkable page dedicated to the analysis that has been performed on the property underscores why I'd rather not spin my wheels further. This board has dissected practically every word and nuance in these reports. You can go back and read some of my posts over the years because I know I've debated and commented the content in these reports more times than I care to admit. Or just perform a search on Howe or Perez or Gordon or Cintis or Smithson or Jones, etc. Or just read the documents on Medinah's website. Or even better, read the Valuation Considerations for the Lipangue Deposit by Dr. DeCosta. That document compiles the main points and data from all the previous reports. You can even skip the headier discussions regarding the valuation methodologies.
Speaking of Dr. DeCosta, if you have an issue with what Dr. DeCosta should or shouldn't be commenting on, why are you addressing it to me or anyone else in this forum? I'm not Dr. DeCosta's spokesman. I would suggest you confront him directly on the forums he posts in. Not to discredit Dr. DeCosta, but he is merely a shareholder like anyone else. The difference between Dr. DeCosta and other shareholders is that his due diligence, research and knowledge on Lipangue, naked short selling and geology far outweighs that of other "regular" shareholders. Because he generously compiled his due diligence into one comprehensive document for the benefit of other shareholders (and the company) and the company deemed that treatise significant enough to post it on their website, Dr. DeCosta gets wrongly associated as part of the company...which he is not. So if you have a question or beef with him, don't you think it is far more productive to address whatever issues you have with what he says by going right to the source?
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