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Beth0515

07/21/15 3:13 PM

#69855 RE: Goldstrike #69852

We do have an answer to that. It is agreed upon almost universally among knowledgeable shareholders that had JJ accepted a "standard industry deal" back when metals prices were much higher, we would not be in the pickle we are currently in. The fact that a great many shareholders have had to sell their MDMN shares at depressed prices is widely described in the popular forums.

Undeniably correct, Gstrike. We've lost 80% of our investment since JJ thought it a ducky idea to get in bed with the criminal Ulander. An hour of due diligence would have revealed what a stupid idea that was. Circus clowns would be more attentive to detail than JJ, Les and co.
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BigBaboon

07/21/15 9:57 PM

#69863 RE: Goldstrike #69852

Life happens...

I don't know who you mean by knowledgeable shareholders... or what qualifies one as such... but no one... knowledgeable or not... has a clue as to how things would have turned out if the standard industry deal was accepted back then... no one has that crystal ball...

JJ went for the Brass Ring... and had he gotten it... he would have been a reigning hero... but the partner defaulted... not JJ's fault...

Certainly not JJ's fault that share holders have to sell... it happens all the time... I know share holders who sold at inflated prices of .15 to .19... I guess it's the luck of the draw on timing... or maybe those knowledgeable ones who had to sell at a loss... weren't so knowledgeable after all... I just don't understand that reasoning you laid out... it makes no sense...

We wouldn't even have the Mountain if it wasn't for JJ...
And our piece of the Mountain has grown immensely too... courtesy of JJ...
We wouldn't have an above industry standard deal as we do today... if it wasn't for JJ...

And no one can predict the prices of metals... not me, you, JJ or your knowledgeable ones... those prices could have gone up and been higher today then back then... but that didn't happen... so like I said...

Life Happens... how one deals with it is what counts...