Wednesday, July 18, 2012 3:03:50 PM
You got to give credit where credit is due. JJ has strengths. He has amassed a lot of property. But obviously monetizing the assets is not his game. So he has light weight players who are over their heads in this instance.
Medinah needed savvy mining players with a history and track record to do the heavy lifting. Accumulating was great fun, but monetizing is the work that lay ahead.
Let's see the details of what lay in store in the next six months to a year or so.
In my opinion there is definitely a pay day ahead. But I don't see it for a while. Long term, I am almost certain all the longs will be satisfied. This is really the time to be accumulating the stock. A penny down, a penny up is not going to make any difference, in the long run or grand scheme of what is in store for Medinah.
My issues are with how they run this company. Their updates, the news, the NDA's, their statements, just too much like a pink sheet penny stock company. It's a joke.
You did a good job putting together this massive property. Now, I say, get out of the way, let the pros handle the monetizing.
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