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Tuesday, June 11, 2013 12:13:45 AM
"Medinah is now in a position to provide clear and decisive title opinions to major investors with whom Juan José Quijano is negotiating. We are moving steadily ahead in these negotiations and as soon as we are able and free from any confidentiality restraints, Management will report developments on the joint venturing of the project properties. " 6/2005
"Please allow me to assure you that we are all working to the best of our abilities to conclude a meaningful Joint Venture Agreement with a group of the major parties interested in our properties. Each day the demands placed upon major resource companies adds value and negotiating power to our position. We will reach our goals" 12/2006
"During this negotiation period, Company Management progressed through a list of terms and conditions requisite to finalizing a Joint Venture/Purchase Agreement with major partners on the Company’s Alto de Lipangue project. Several issues required Company Management’s input to bring the contracts to a final stage. Mandates were placed that Medinah Minerals (Chile) acquire outstanding claims, not currently held but associated with the Alto de Lipange holdings, and clear all final encumbrances. Each of these matters was completed to the satisfaction of the Joint Venture partners. Management is still bound by Non-Disclosure Agreements that are in place applicable to these negotiations and therefore Management cannot divulge any new information. However, we are now at the stage where unless something unforeseen occurs among the parties, there will be no further changes made and no untoward time delays in completing an Agreement and releasing the details publicly." 12/2007
"There remain several entities that we continue to meet with, each offering different opportunities for Medinah, but we are concentrating in closing and finalizing with the group we feel would be most advantageous to us in the immediate future and in the longer-term development. This has been a long and arduous series of negotiations, but we are well represented to complete a Joint Venture participation agreement very rapidly." 7/2008
"Since the first week of October, the weather has steadily improved and the roads appear to have survived the winter in relatively good repair. Our Company President/CEO, Juan José Quijano, continues every effort and means to finalize a Joint Venture Agreement for the Alto de Lipangue property. Señor Quijano will soon provide an updated progress report on immediate past and forthcoming activities." 11/2009
"But, in summation, we were finally able, through multiple meetings with a Major group, to secure a “signed and acceptable offer sheet” outlining their entire proposal to Medinah Minerals, Inc. Their actions and performance in accordance with their offer will be detailed as we move through the overall staged process with the clear understanding that we are under Non- Disclosure mandates. We feel we have real value potential, but until we have the check and “it clears” we will continue to exhaust every effort to secure contingency offers." 3/2010
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