Medinah Minerals (MDMN)

[Hurricane_Rick]

what about those shareholders that bought at .17?

What would you tell the shareholders that bought other blue chip natural resource companies like Pan American Silver in the 40s, or Silver Wheaton in the 40s or Gold Corp in the 50s, or Cliff's Natural Resources above 60 or Molycorp above 20, etc. If a company is not making all time highs, there will always be shareholders that are showing a loss on their investment. It is simply the nature of the market.

Shareholders that bought at .17 are in the same boat that shareholders like myself were in a few years back when I bought in the .02s and .03s and it dropped down to sub-pennies. If they have performed their due diligence on the company, they may come to the realization that the .07 level reflects selling pressure due to Amarant's delays in executing their terms of the ADL purchase agreement. My due diligence indicates this won't be an issue much longer and the stock should climb back to the .17 levels, though I'm not inclined to give price and timing predictions. I'm merely confident that anticipated news of funding, drilling, release of the NDA, revelation of the consortium partners, ore shipments to ENAMI, etc. will push the stock much higher than it is today.

Shareholders have the choice now that many shareholders like myself had when the stock was below .01. However, I'm not going to tell them what to do. It is up to each individual shareholder to perform what they consider to be adequate due diligence and assess the investment's outlook for themselves against their own risk/reward profile and time horizons.

Go tell them that they had chances to take profit along the way.

I believe MDMN will give me that opportunity.