Medinah Minerals (MDMN)

[Medinaminer]

For about 8 trading days, the buys were in larger volumes. Today, the sells are in larger blocks.

The painters are doing their best efforts. But really guys, let it go. 1000 shares at the ask is not a fight you want to wage against the huge blocks that are going down at the bid.

Why don't you let it go. Let the sellers sell down to a nickel. By then the BOD will come up with another song that will rally the stock again. We will play this game until there is something of substance. Until then, we are stuck as longs who got in at the done done done announcement and recently when it was trading in the high $0.06 to $.08 range attempting to average down.

For my money, I would love to see a huge down day, say a 20M-50M volume or more with a 20% down day for maybe two or three days to wash out all the weak hands.

Someone knows the update/news is another fluff nonsense from JJ et. al.

Technically the recent rally is also a bit tired. It is due for a sell off, especially if the update/news is nothing. Sideways to down 5% down days on low volume are killers.

In a post several months ago, perhaps in March, I made wag on when the deal may actually be done. I guessed August. This guess was based on time that I felt would be needed to either cut bait with this group (if there is a real one out there) and perhaps raise capital to do self mining, no partners. Let's see if what's in store for August.

I don't see anything of substance happening in July. Love to be wrong here.