Medinah Minerals (MDMN)

[jetpilot1101]

How do we know that there is even going to be a court fight? Amarant/Ulander are all but broke. I can't imagine that they can hire any sort of reputable and competent legal representation given the shady character of both aforementioned entities. Couple that with the fact that you are talking about a legal battle involving 3 different countries and I'd say the odds are fairly slim that Amarant will put up much of a fight. Regardless of what Amarant claims in their website, I think MDMN is most likely going to get out of this failed deal unscathed. The only way that MDMN may face legal issues is if some deep pocketed bond holders feel they have a case for extracting money out if Amarant via their claimed ownership of the ADL site. IMO, Amarant was just the European version of a pink stinker; there is nothing there except massive dilution and a mountain of debt and broken dreams. The bond holders are most likely going to do what most US pink stinker investors do, bend over and take it - BOHICA (Bend Over, Here It Comes Again) They may blame it on shorty to, I hear he summers in Sweden.