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Re: None

Thursday, 04/26/2012 2:31:33 PM

Thursday, April 26, 2012 2:31:33 PM

Post# of 80983
Just my opinion but I believe that we will get some kind of news by the end of tomorrow. It may not be the announcement we are all looking for but it should provide some clarity as to the LDM work and the recent trip to Chile.

While the LDM news has fallen on deaf ears in the market those of us the understand the property and the mining industry as a whole know that this is huge for Medinah as a company. When we start receiving regular checks from Enami we will be in a position to dole out increasing monetary dividends which will put those on the wrong side of the trade in a spot of bother.

It's been a long rode but I look at it as being then end of the first quarter of play. We spent 14+ years buying up a huge piece of land. the next few years after the announcement will be the start of the second quarter. As we head into halftime we will have drill results from our partner and that will move the needle in a big way. As we come out of halftime the actual mining will commence and the checks will be rolling in in rapid fashion. A buyout will follow in short order.