Medinah Minerals (MDMN)

[Krakatoa_Dean]

decosta being reasonable



he says this could come crashing down, or we could land a jv. And if we do land a jv, he is pricing us at 8 cents post jv.

I think the calculus for many right now is whether or not it's a better buy today at 5.5 cents pre-JV with the risk/reward scenario being perhaps ultra high risk offset by ultra high reward or immediately post-JV at perhaps 8 cents after the discovery has been validated, the development stage financing has been secured and the access to technical expertise has been gained and maybe the risk reward scenario might be characterized as being low to moderate risk offset by ultra high reward.

The answer to this would differ as to one's own level of risk aversion as well as one's projection of the share price after the development efforts are completed. The "big money" is the "big money" because they place their bets proportionate to the CURRENT risk/reward scenario and they (unlike us) have the patience to wait for a favorable ratio and the ability to discern what the main risks are and more importantly when they've been mitigated. What the hope in a scenario like this is the ultra high risk factors all being simultaneously addressed with the simple execution of a JV and those risks all crashing to the ground leaving a favorable risk/reward calculus up until fair market value is eventually reached.