Replies to post #19781 on Medinah Minerals (MDMN)

[The Rod]

" There are some very large buyers lined up waiting to jump in once the jva is completed and the terms are disclosed "

I have heard variations of that statement for the last few years.

Any idea whom these 'buyers' might be ? Or is just a repetition of what others posters have said ?

Just Curious.

[Money_For_Nothing]

Just the math please

There are 674 million shares outstanding. At $1 that puts the value of the Company at what? Yes, that would be $674,000,000.

At $1.50 it would be just over 1 billion dollars. Do some DD and see how many gold stocks trade at that value. Or if you think this is jr mining company, how many jr. mining companies trade at that value.

By the way, how can we be a jr. mining company if we just own the real estate and mineral rights. Seems like calling yourself a oil exploration company if you just own the mineral rights. Just a question, I do not know the answer.

Once the JV starts drilling or production we can hit your lofty numbers, IF the price of gold goes to $6,000 an ounce. I believe that is very possible, but inflation over delta T are the two components that will determine that outcome.

It is all about time, the time it takes for the JV announcement, the time for test drilling, the time for actual production. If you don't have the time, you don't have any business being in this play.

If your in, Your in.