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Wednesday, June 05, 2013 9:43:05 PM
In spite of what others may say about me, I don't have an agenda at all. I follow MDMN because it is an interesting story and I enjoy doing my own research. Call it hobby. I don't put money in pink sheet stocks no matter how compelling the story is or how much they are hyped.
I don't know if the property holds any value. All I have to go on is what little exploration the company has done. None of that exploration has been done by a professional geologist or someone who would qualify as a "qualified person". None of the information they have presented in their shareholder communications has been verified by a third party nor has it been presented in a professional manner. I know of no sample "chain of custody" nor do I know if the samples were taken in a systematic manner because the company has never released this information. At this point, the burden of proof rest squarely on the shoulders of MDMN. To ask shareholders or potential investors to believe what the company has presented in terms of sampling/exploration is absurd given that they have failed to perform either of these two tasks in ways the mining industry would consider acceptable or legitimate.
As far as I am concerned, JJ is a liability to the company but since he isn't going anywhere, MDMN is stuck with him come what may.
I've done enough research any feel very comfortable in my conclusions concerning MDMN. I suppose I could be wrong and if I am, so be it. I don't begrudge anyone their millions if MDMN hits it big and I'm on the sidelines - an event like that will only serve to refine my DD skills. But I have received enough information from reputable sources to be confident. If you chose to remain in MDMN, that is your choice and as you say, nothing on any board will dissuade you from that decision.
As always, civilized banter is much better than the alternative. Hey, even us "animals" can discuss a stock in a rational manner.
JP1101
Malitia
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