Medinah Minerals (MDMN)

[Beth0515]

"...and the much-quoted report that stated this is a "world class deposit."

Ouch, Stevej- I got bamboozled by reference to that quote as well. I stupidly thought it was like an "industry standard" or at least an accepted term of art. Once my "richness" didn't quite materialize with my new investment and I started digging in my own limited way, I found (and anyone, PLEASE correct me if there is more to this) that any and all "WCD" references trace back to Sr. Clemente Sepulveda Perez's charitably translated report. That is where the whole "WCD" started, and this conclusion (which I am not so sure it is, but for the sake of argument will let that one go for another day) was based on, wait, hold on... OK, sitting down? Satellite Imagery.

As RD759 would certainly agree, there is no more reliable and bankable exploration methodology to ascribe value to mineral reserves than the "eye in the sky", right RD? Why bother using the extra 500 Million shares of dilution (give or take, since the report) to fund a silly drilling campaign, we already KNOW we are WORLD CLASS. I'm sure that shoring up all those peripheral claims and whatever else was done with that share capital was a much more efficient use of equity than verifying we're sitting on a mountain of riches.

Oh well, smarter folks than I have covered this before. I suspect our resident dentist will avail of his considerable industry experience to refute RD's latest, wait for it... Until then, I'll hope Sputnik is proved correct, at which point we will finally "know what we own" and can execute accordingly.