Medinah Minerals (MDMN)

[Beth0515]

Try me.
I don't drink the koolaid and my eyes are wide open.

Why not?

Since YOU brought this up, I'm your huckleberry ...

It helps my emotions knowing that I am playing with house money because I was fortunate enough to take profits when the opportunities presented themselves thus allowing me to be a bit more objective than your average Medinah shareholder.

You said this, on this forum:

#52245, 10/3/12

Here is mine. I first bought Medinah in 2006. My cost basis is below 4 cents. I hold over 500,000 shares including the now unrestricted dividend.

...and earlier you said this:

#47953, 5/23/12

Negative. I have all of the shares that I need. My average is below 3 cents as I have been a buyer since mid 2006. I have sold some over the years to recoup my costs and am now playing with house money.

I would be interested in understanding how your half million shares at "below $0.04" is now house money. Given price movement since 10/3/12, I find this most incredible! Please share your trading strategies! How in the WORLD could you be playing with "house money" @5/23/12, then have your "below 4 cent" cost basis in October 2012 (with 500,000 shares) and magically be playing, once again, with house money today??

As for Koolaid:

#50367, 8/1/12

Everything Les Price has told me over the last 3 months has been spot on.... The deal is real, the mountain is real and the PM's in the mountain are real and appreciating everyday... I guess when you have the ability to contact management it sets your mind at ease. No worries there.

and...

#51257, 8/30/12

I spoke with Les yesterday and what he told me is EXACTLY what is happening. If you have his number why don't you call him for yourself. He is a great guy to talk to and has been spot on with everything he has told me.

and...

#45936, 4/10/12

Capital company equals the following

1) hauling ore from the LDM to Enami for smelting. Here is the official documentation from the Jan 30th update on the Medinah Minerlas website...

2) Announcement of the release of funding from the consortium of owners that are buying 85% of the Lipangue property. Here is the link from the official Medinah Minerals website

http://www.medinah-minerals.com/Q_A_040512.html

3) Announcement of the sale of the Ciclon I & II properties which Medinah Minerals owns a 10% stake.

That should make Medinah Minerals a capital company for now

and one more question... You stated in #47953 (see above) that you've been a buyer since 2006, yet you also said this (which is it?). Slip of the tongue, maybe?:

#41310, 11/20/11

A word of advice Mike. Watch only the official Medinah Minerals website and you won't be misled. Reading this board or any other will simply drive you nuts. In terms of time spent on this play you are a relative newbie. I've been in since 2007 but I knew going in that it wasn't going to be a slam dunk and it was going to take time. Don't worry though, our time is coming, hang in there just a bit longer and you will be greatly rewarded.

Cheers,
B.