Medinah Minerals (MDMN)

[stevej]

"Without having a concrete plan of development." I continue to believe, as I have mentioned so many times here, that much of the story about MDMN hinges on JJ's personality, his hopes, aims and plans. When you look at the maps of the properties he has put together over the years, many purchased simply to assure road access, you see a deep, personal plan reflecting an audacious idea to own a huge chunk of land with a promising prospect for world-class mining operations. Even as I have whined about this and that on these very boards over the years, I cannot ignore that JJ has strung together a very large part of a mountain, properties that are significantly larger in extent than existed in 1999 when I first bought shares. Unlike with many companies, so much of this company's planning and scheming and deal-making is carried on inside JJ's mind. I do not like the lack of transparency and I am at times suspicious that JJ and family and a few others will some day own it all, and average shareholders will all be saying WTF????
Yet what may seem like an unending greedy land grab by a pear farmer may still come to enrich hundreds of us shareholders. I hope that happens.