I'm guessing we get an update similar to this one from back in 2010. (I added some commentary)
Shareholder Update – December 2013
Dear Shareholders:
Medinah Minerals, Inc. Management has now proceeded to the finalization stage of the Joint Venture Agreement (JVA) on the Alto de Lipangue property in Chile. (we really don't have a signed deal but we want to pretend that we do so everyone buys lots of shares as the insiders and promoters dump like crazy) A recent series of meetings conducted in both Miami, Florida, and Santiago, Chile (...and all kinds of other places around the world. Les, Greg and I really like to travel to exotic locations on the shareholder dime) has resulted in a conclusionary JVA encompassing all issues and legalities necessary, and legally required of each of the respective parties. (issues and legalities are such nebulous terms so don't be surprised if this deal goes bust)
The caveat warning of the JVA finalization will be the actual receipt of the initial tranche of funding that is slated to be released on or before January 15, 2011. (we probably won't get any money from anyone but we want to tell you that we will because it will help pump up the price so we can sell to a bunch of suckers at hugely inflated prices who will then watch the price tank when the JV doesn't materialize) The Company will then be released from various Non-Disclosure Agreements and full disclosure can then be made as to the complete terms and conditions among the parties to the Agreement. (like that will ever happen...we will hide behind an NDA for as long as we can and then eventually announce that the deal went bust without ever releasing any information) In preparation, the companies have initiated an early set up of the needed exploration and development program under the supervision of an internationally recognized company. (but we won't tell you who that company is because it doesn't exist and it never will. We like to use terms like "internationaly recognized company" to pump you up so you buy more shares at grossly inflated prices and make the insiders and promoters who are dumping quite rich) Simultaneously, the companies will undertake the reality of allowing/commencing a production program at the Las Dos Marias gold and copper claims. (we were supposed to be shipping ore ages ago but ran into problem with the donkey union and are unable to continue the massive shipments of ore that we promised all the shareholders)
If all matters proceed as stated and planned, (don't worry, they won't) Medinah Minerals, Inc. will call for and host an Annual General Meeting for Shareholders that will be scheduled on or about the end of February, 2011.
Ongoing negotiations by Management have concurrently continued regarding a Joint Venture Agreement as to the POLO claims in which Medinah Minerals, Inc. owns a 15% interest. Completion of Agreements and startup of a viable exploration/drill program is anticipated to begin early in calendar year 2011.
The Pumillahue project, in which Medinah Minerals, Inc. holds a 5% interest, has encountered some difficulties. An internal review resulting in a reorganization/buyout plan is on the negotiation table. Medinah’s holding is a minority interest and the Company will monitor the developments and report results to the shareholder body when determined. (blah, blah, blah just some more junk deals to get you in a lather and ready to buy more shares)
May the Holiday Season bring to each of you and your families the happiest of Yuletide Festivities. We wish to extend to all our loyal shareholders our sincere gratitude for all your support throughout the past “difficult” year of trials. The Company is truly looking forward to “at last” being able to report major developments in the ensuing New Year. (don't hold us to "at last" being able to announce a deal...you know we have been failing for 16 years)
Thank You,
Juan José Quijano Fernández
President
