Replies to post #19629 on Medinah Minerals (MDMN)

[Hurricane_Rick]

Handshake,

"maybe you know what the problem is at the moment"

You see, this is where we differ. I don't see a problem at the moment. The only problem I see is that some people out of their own impatience, frustration, naivete, ignorance, <choose other suitable adjective> make up a whole lotta crap, far-fetched scenarios, baseless suppositions, piggy-backing one wrongful assumption onto another, etc. and post them freely on these forums that only perpetuate unnecessary shareholder anxiety and a silly mob mentality.

I'm not going to pretend that I know everything that is involved in these negotations, the particulars of closing the JV or the delays or the reasons for such delays...nor should anyone else unless they have first-hand knowledge of such...and those people are in Santiago right now, not in front of their keyboard.

I am by no means an apologist for CDCH/MDMN management or JJ. I think their communication or follow-through to shareholders leaves much to be desired and they (should) have a responsibility to communicate better. This is something that I honestly hope they get completely railed on during the euphoria of the AGM. Having said that, I am taking what is said on their website as "the word" and anything I hear through the grapevine as entertainment. Apparently several people are fool-heartedly reverse-weighting the reliability of their sources and when the information is contradictory it only adds to their confusion and anxiety. Then these wild assumptions get posted here and I'm compelled to tell people to take a step back and look at the ridiculousness of what they just wrote.

The last update by the company 3-some weeks ago told us exactly where we were and they indicated they weren't going to guess when this would exactly wrap up (my paraphrase). To the extent they have confirmed in writing that they have selected a JV partner and that they are going forward finalizing whatever agreements are necessary, I am willing to give them a tad amount of latitude as I am not intimately familiar with the bureaucracy of a South American country that I have never done business in, much less, closed a multi-million dollar multi-national multi-lingual joint venture that apparently requires a variety of legal wranglings to get just right for all parties involved, including the Chilean government.

I wish it were as easy as we do in America where you merely walk into a post office or bank, find a notary, put your John Hancock down right in front of them and they stamp it with their seal and you go along your merry way. Apparently it's not quite like we do in North America...a paradigm shareholders continually are unable to comprehend when considering that Chile and South America simply do business in a much different way and at a slower pace than us Northerners.