Medinah Minerals (MDMN)

[paddydaddy]

Having transferred the 85% ownership to Amarant already, there's absolutely no reason for MDMN to delay drilling or exploration - unless of course they have misstated the cost of it being all Amarant's.


The above paragraph is patently FALSE. Medinah has not sold the 1508 claims that make up the ADL deal and won't until the ENTIRE $180 million dollars has been paid in full. Amarant is paying for the drilling AND doing all of the work. That is why they have Dr. Smith, P. Geo. setting the work schedule and the $6.7 million dollars for the initial 18K meters of drilling has been set aside. Medinah IS NOT delaying anything.