Replies to post #5341 on Medinah Minerals (MDMN)

[superdow]

yes plenty of dilution over the past three years, but in a few
weeks we will be receiving big fat royalty checks from Global Gold for those 30 or 40 million mdmn shares we paid jj for
a 5% interest in his 50% interest. Or at least that is what we were told.

[jackrix]

geoly,


They've "supposedly" been negotiating this JV since January 2005. They could have done a placement 4, 3, or 2 years ago and drilled the property themselves with a LOT LESS dilution and be looking at a "buyout" by now (if the property is as good as they say it is).