Saturday, July 21, 2012 4:55:33 PM
OK, so Casey's article is now a little over a year old, and I posted it a year ago:
http://www.caseyresearch.com/articles/save-invest-speculate-trade-or-gamble?ppref=ANT012ED0311A
MDMN certainly offers a very high chance of success, in my subjective opinion, of course, and definitely fits the bill for a significant multiple return on capital, and many of us have accumulated this past year, especially on the DIPS!
Another article asks when evaluating the potential on a return of investment (ROI) in mining,
Realize as the official announcement is released, the exposure of the news in the greater investment community will draw an increase of buyers. When a major (or mid-Tier) announces it has cut a deal on a mountain, officially ... and that the mountain contains mineable Moly, Gold, Copper and Silver, the pps is not going to suffer. "The Gordon pipe with its $1.35 billion in “Measured resources” outlined to date based upon mid January of 2008 metals prices..." is sure to catch more than a little attention. Now, based on today's prices, that figure is $2 Billion+ and represents only a small fraction (2% ?) of the porphyry deposit. For any newbies who have a hard time understanding this, read all of Dr. Jim DeCosta's Valuation Consideration here:
http://www.medinah-minerals.com/projects.html
February 18, 2008 - Valuation Considerations for the Lipangue Deposit by Dr. Jim DeCosta
... and for those newbies who have been wondering what's taking so long to get this funded and the drills turning:
In performing DD who has determined the following:
1. Has anyone a good idea of how many separate mining title claims comprise the Alto de Lipangue and Los Dos Marias claim areas?
2. How many individual land owners comprise the Alto de Lipangue patchwork of claims?
3. Have all of these claims always been mostly separate, or has some considerable consolidation been occurring over the past 14 years under the singular negotiating authority of one Juan José Quijano Fernández – President, Director, and CEO of MDMN?
4. Have any additional mining rights been added in the past 5, 3, 2 or even past year to enlarge the area of claims?
All of these questions have now been answered.
Much of the risk has been removed.
It is still very early in terms of what one might expect as an ROI in this stock.
Yup! &-I'm Happy to Have Lots of Shares!
Thankful for all the DIPs that keep showing up. lol
Invested in the Mountain…
And that’s what counts!
Easy
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