Medinah Minerals (MDMN)

[Goldstrike]

There was an excellent article posted here several days ago: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61674281 describing the vast, unexplored mineral resources of Chile’s central region. A poster on another board discussed the extremely high development costs of some recently discovered large deposits in remote parts of the world, citing an article http://goldnews.bullionvault.com/gold-mining-080120126 describing the lack of infrastructure and proximity to services affecting these admittedly rich deposits thus hindering development and exploitation of the resource. One mining company analyst says that up to $2,000/oz in production costs may be the required at these remote sites. Zoom to the skarn deposit lying at surface at the LDM. Initially ten meters of overburden overlaying a rich copper skarn measuring 1.5 Km X 0.8 Km, and perhaps hundreds of meters in depth. All within sight of Chile’s largest city with full power and roads to the discovery area and with a processing plant under construction at the base of the mountain. Factor in extremely low recovery costs for exploitation of this resource. And don’t forget, there’s less than two weeks left to reach the high grade bonanza via adit on the original LDM project. Word is out that the skarn values are getting even better as we close in on the high grade zone at the LDM, that is, assays are looking much better that the ore taken from the oxidized zone. We’ll know for sure very soon. Oh, and more details on the ADL purchase are about to be PR’d to the wider investment community. Don’t forget drilling on the ADL next month and in to October. Uplisting on the OTC market? Huge. Most of us agree that patience is needed until that uplisting occurs. Then, the sky’s the limit with our share price. With these facts in place, people will look back one day with wonder that this investment opportunity was so blatantly visible and available for pennies a share. Is it any wonder that some parties are getting very nervous while others are basking in calm assurance of their good fortune? It’s a back handed compliment that scores of derogatory posts are directed at this little company. With the use of deduction, the motivation behind this is not hard to fathom.
No matter what side of the fence you are on, upcoming events will rock your world in a big way. Just make sure that you’re on the right side of this trade.