Medinah Minerals (MDMN)

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Guess the date MDMN released this piece of news.

Company President, Juan José Quijano, has conducted extensive negotiations with several major mining companies regarding an agreement that will provide Medinah with a significant cash infusion, and ensure future work programs to enhance the reserves of copper, gold and molybdenum. As these are sensitive negotiations, subject to formal non-disclosure agreements, information that can be reported is limited at this time. The full details of a finalized agreement will be released to the shareholders forthwith upon conclusion.

Here are some of my favorite excuses circa 2006:

Several factors prolonged the completion of the Joint Venture Agreement, some of which are:

1. Several legal questions arose that had to be resolved. Those problems are now behind us and have been satisfactorily concluded.
2. Significant additional geological information regarding the properties was requested by the interested parties and has now been provided and assessed.
3. The complications of working with several entities as owners of the different properties had to be resolved and keep the Joint Venture property as a single entity.
4. The value of additional new properties adjacent to Lipangue had to be assessed as to possible increase of acquisition values. Detailed satellite imaging and mapping has concluded.
5. Coordinating scheduled meetings with Joint Venture executives and their busy agendas led to time delays as we are involved with various major companies, each of which have their own geological staffs and Abogados.

And my all time favorite circa 2007:

Rest assured that the instant that a Joint Venture Agreement is signed, the information will be disseminated immediately to shareholders.