Medinah Minerals (MDMN)

[Goldstrike]

Enami, or the Empresa Nacional de Minería, is Chile’s state minerals company. It was founded in 1969 and is headquartered in Santiago, Chile. “Enami manages various mining interests, and refines and smelts copper from Chile's small- and medium-scale miners. Its main role is to promote Chile's small and midsize mining sector by carrying out toll milling and processing, and granting credit at favorable rates to companies.” Medinah’s exploitation license for the open pit operation at LDM is due for approval very soon. When approved, the shipments to Enami will commence. LDM’s copper skarn showed values per the June 6th, 2012 Shareholders Update as follows: “The assay values returned range from a low of 2.9 grams of gold per tonne to a high of 12.7 grams of gold per tonne; copper assays ranged from 0.26% to 2.1% with silver averaging 11 grams per tonne to 66 grams per tonne. All of these surface assays are commercial grade and the ore is being held for processing with shipment to Enami refinery anticipated in the near future.“ Any knowledgeable person would agree that these values are very high grade, and the possibility that this remarkable formation extends into the greater part of the Alto is extremely exciting.
I see nothing on the official Medinah Minerals website about about legalzoom.com putting five million into JJ pockets.
Oh, by the way, I just learned that Medinah is # 6 on I-Hubs Breakout Board! See http://investorshub.advfn.com/boards/breakoutboards.aspx . Looks like the smart investors out there are on to something!