Medinah Minerals (MDMN)

[Mike Gold]

Have you not read the Perez report? It reflects the most recent understand of the geology of the mountain. Your thinking seems to be about ten years behind what is already well known about the property.

The full translated version can be found here:(click on link)

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Also, another newer report on the property can be found here:

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Yes yes they have already contracted with ACA Howe going forward.

You seem mystified why the Company hasn't futher drilled the property? There is no mystery there. They have yet to secure the necessary funds although receipt of funds could/should happen in the next few days.

As confirmed by Sumotomo's geologists a few years ago..the Alto De Lipangue represents the best undeveloped mining property in Chile. Literally hundreds of geologists from various mining companies have been all over the mountain and volumes of data has been collected and development plans have already been drafted.
There is no doubt that is the most sought after property in all of Chile and perhaps S. America as well. It has only been Juan's stubborness about demanding extremely lucurative terms on any JV/Purchase agreement over the years that has stalled the project.

However, the log jam appears to have broken and show time has arrived!

Disclosure: I have been a major shareholder of this Company since they purchased the Alto De Lipangue property going back to 1998.