A very important fact that everyone on this board seems to be forgetting is that this company is a "Capital Company".
Well, no one bothered to read the fine line. If the fine lines were read, clearly what was meant by "Capital Company" is the insider's game of how to part shareholders from their "Capital".
This company was created to issue and sell worthless stock from the beginning to now. Digging rabbit holes is simply a dog and pony show.
This company is an embarrassment to itself and to its leaders and BOD. How can they truly expect that any future information will be of merit and acceptable to shareholders? Zero credibility.
How can the background and previous and present history of the acquiring principal of this companies assets be so ignored. Any form of due diligence would have sent red flags so high as to be visible even from as far a distance as the North or South Pole.
Now we are to believe that there are at least four suitors clamoring and falling and tripping over themselves to submit a bid for 1508 claims, while Medinah keeps the real prize, and does not include it in the mix for this next round of purchase sale agreement with who knows whom, this time.
Mark my words, if this next yet unknown group who concludes an agreement, no matter the scope, the size or the terms of the agreement, is worth its weight in salt, it will also want to include the LDM in the bid. If it doesn't, then you will know this round of news, hearsay, rumors and tid bits of crap they throw out, is also likely to be a scam, just as the the Amarant deal turned out. Why would any self respecting mining company leave the "best of all" property to Medinah, when it could easily buy up the entire mountain now from this inept, inconsistent, woefully lacking in integrity of a company, when it has nothing but claims on record.
Clearly and loudly absent from any news or q and a is what Medinah is doing with its collateral from Alluvia/Amarant. Where are those shares that were entrusted to whoever for safe keeping as collateral against performance. Why do they skip the meat, and always, always, always send out fluff and fodder. What a joke.
This company and its directors have violated all the tenets of judicious practice of their duties and responsibilities to their shareholders.
After so many years, now it is high time for the BOD to be more transparent. What? Suddenly they all found religion. Where were they for the past two so called agreements? Why not be transparent always? Is being transparent, open with your information, honesty, integrity and a clear signal to shareholders against public policy? What did the BOD discover now that it did not have before? Why not disclose names, terms, amounts in the contract. Let the market forces then decide on the merits of the deal, or lack thereof and let the SP then reflect a true and unbiased picture.
The obvious shameless crooks who promote worthless penny stocks need to come to the University of Medinah to learn from the masters of spin and empty promises.
What a shame, Medinah!
