Replies to post #4744 on Oidon Company, Ltd. (OIDN)

[jonesie54]

Here is the link to the original story. It appeared in one of Columbia's largest newspapers, El Columbiano.

http://www.elcolombiano.terra.com.co//BancoConocimiento/L/la_minera_mgm_invierte_us$3_millones_en_se....

Most people have no idea how legitimate this company is. It's not just another stinky pinky, but a company which is the result of a combination of properties owned by several of Columbia's most important families.

The sad tale of price destruction here was most likely the result of massive dumping by the IR firm unsuspectingly hired to spread the word about the company over the course of one to two years. I hear it is that scumbag firm who hired the spammers which caused the pinksheets.com problem and they did it to cover up for for their own massive dumping.

Some also suspect that the heavy selling the first three weeks by EFGI (Empire Financial Group) was orchestrated by a short selling stock broker named Joe Padilla. I received one email which said Padilla shorted out of Costa Rica against client sell orders from some of the promoters he deals with. One of those promoters supposedly hangs out in his office daily! Who knows for sure?

I wouldn't be surprised to eventually see a huge lawsuit against that scoundrel IR con man and Padilla, but I think the company's immediate effort has been to get the pinksheets.com situation sorted out first. Then they can go after the criminals who destroyed the stock within about three weeks of the commencement of real trading here.

I suspect repair is at hand. I'm thinking of getting back in here soon.

[The_Trader]

I found an online tool to translate the article.

Miner MGM invests to USS3 million in Segovia compa, with seat in Toronto (Canad? but of mainly Colombian capital, est?egistrada in the State of Wyoming and she quotes his actions in the market of values Pink Sheets under abbreviations MGMX. Seg?Fernando Parra, vice-president of MGM?a are a young company that dedicates to the business of exploraci?y explotaci?de precious metals. "Our central seat is in the city of Medell? mining capital of Colombia and our operations center is in the Northeast antioque? great mining district of tradici. Compa? anunci?nversiones in equipment and infrastructure by three million of d?res in two pr?mos a? in the two mentioned mines and consider generaci?de 300 uses in their point m?mo of producci? Nevertheless, the investments podr? to be greater because, seg?inform?l? Parra from Toronto, "we are exploring new investments for explotaci?de six or seven mine in the same one regi?-that have not been set off in all their potential and we are advancing negotiations in other places of Colombia and, suddenly, in the Per? One of the m?ricas compa? esteem that each additional mine demands one inversi?de 1.5 million of d?res. "Everything depends on c? it goes with these first mines to us and of the results that we obtain in stock-market of values ", anunci?Sin embargo, confi?n that ser?los better, since it is one of the m?ricas regions of the world in gold deposits, even comparable with the mines of Sur?ica, Nevada (in the United States) or Canad?La signs estim?ue the mining zone of the Northeast produces between the 70 and 80 percent of the gold that operates in Antioquia (about 125 million ounces by a. And, as well, this regi?produce between the 60 and 80 percent of Colombian gold. With relaci?a misi? it says that "Mineral MGM Resources desarrollar?n efficient process of miner?del gold, looking for a atm?era of safe, equitable, friendly, and nondiscriminativa work, fulfilling the Plan of Handling Mines