Medinah Minerals (MDMN)

[paddydaddy]

At least you can admit that we haven't seen/read the contract...that's a start. All of this is pure speculation until we do.

To be clear, Amarant has 10 years to pay the $180 million or they get NOTHING...NADA...ZERO. At least that is what we think is in the contract but again no one has read it so we don't know what changes may have been made between Feb. 2012 and July 2012 when the contract was finalized.

As for the spending of the authorized shares I would suggest you look at the past. Medinah NEVER spent the shares willy nilly and clearly stated at the last SHM that the raise in authorized was for the purpose of acquiring new properties or positions in properties should they come our way. Think Ciclon 1 & 2 and the Jota.