Saturday, August 10, 2013 6:27:44 PM
As for his other ventures, who knows. We know he has LDM and ADL but that means there are 298 more out there. Would be nice to know where those are and if they are producing. The official MDMN website doesn't mention the $180 million he's pulled out of the ground. I've never heard another shareholder mention this figure. Given the dilution MDMN engages in, it seems like JJ is being stingy.
I do know that JJ has been rumored to be covering all the taxes and fees for the ADL and LDM as well as the other disparate mining claims he apparently owns. That is probably not cheap but if he's pulling millions out of the ground, seems like he would have ample funds to cover them.
Something isn't adding up here. I'd like an explanation.
Malitia
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