Replies to post #27381 on Medinah Minerals (MDMN)

[jetpilot1101]

You may be right and I certainly hope that you are. If they can resolve it by Tuesday, they need to PR it ASAP and let folks know that they are on track and this was an "unexpected" setback. I hate to say this but unless they do some damage control before market open on Tuesday, in my opinion, MDMN and CDCH are going to get crushed on Tuesday. I don't want to see this at all but I think we would all be naive to think that MDMN and CDCH are going to do OK next week. I hope I am proven wrong.

JP1101

[Hurricane_Rick]

Maybe the time needed to fix the problem is so short a second date is not needed.

This is my assumption, and I'm maintaining this was beyond the control of MDMN/CDCH as it was the JV partners that requested the extension. Since the JVA funding was "all systems go" as of 1/15, and something unexpected came up with the transfer of funds, then I can't imagine it is anything major as JJ stated all terms and conditions of the JVA are still intact. An expectation of clearing this final issue would've been good to diffuse any unnecessary panic.

The Murphy's Law timing of this is unfortunate and obviously gives detractors one last arrow in their quiver and the MMs another opportunity to take down the share price in the short term.

Bottom line, once this is straightened out, we resume the upward ascent in earnest as the JVA is finalized, we find out who the partners are, the terms of the agreement, the drill program, etc.