Medinah Minerals (MDMN)

[jetpilot1101]

There are probably more than a few shareholders who will bail on MDMN if they do not consummate a JV deal this time around. The share price will take a hit when these folks finally throw in the towel since I would assume there would be very few buyers sucking up their shares as the ticked off shareholders head for the exits.

The longer this gets drawn out, the heavier the selling pressure will be. Those with large positions are not going to want to be caught trying to unload their positions as everyone heads for the exits if the company does not deliver. I am in agreement with HR on this one, the news will be the defining moment of MDMN. They either deliver or they don't. If they do, folks stand to make a good chunk of change. If they don't, look out below.