Replies to post #71415 on Medinah Minerals (MDMN)

[Beth0515]

LOL, I like your style, paddydaddy!

I wouldn't chase this rabbit too far, though. AURYN is way smarter than the imbeciles running MDMN (though admittedly they deserve credit for milking it the way they have). There won't be any substantial definition of our resource prior to AURYN owning the whole kit and caboodle. There CERTAINLY won't be a $100 million option payment, which is a point I've been underscoring for a year now.

A tender is likely on the way. I doubt it will be much above a dime, if that. What do you think?

[BigBaboon]

Yes... it Auryn does not honor their part of the agreement... they would become default... and it could end up they lose what they've put in...

Just as if they explore the Mountain for 3 years and end up not exercising their purchase option... they would forfeit their right to purchase and walk away losing what they spent over those 3 years...

but they won't default... nor will they forfeit... IMHO... and neither scenario needs to be any worry in my mind...