Sheesh, I'd hate to be that Bogdan Borkowski guy.
Not that I think he has anything to worry about from law enforcement, but can you imagine having to live your life with the name Bogdan Borkowski? What was his nickname, Bog?, Boggy?
It must have been tough.
It's good to see Medinah is lining up surface rights for waste disposal. That's the first thing I look for in a miner. Have they got some place to store their waste rock and tailings???
I also like that they are going with a "tunnel" rather than that original idea from Jones to just drive an 80 meter shaft with adits following wherever the highgrade ore might lead. Shafts are simple and inexpensive, tunnels are complex very expensive. It's ALWAYS been the case that the more complexity and higher the expense the BETTER the gold (and isn't that what it's all about?).
What I REALLY admire about Medinah is how they've been able to work with just about EVERY Major Mining Company in the WORLD, yet they have been able to keep the identities of those companies SECRET. They've even had "binding" contracts with many of those companies, yet NONE of their names have ever leaked. THAT shows the professionalism of Medinah.
Medinah's current market cap. is probably the HIGHEST right now of ANY non-producer and many "current" producers which tells us ONE thing. These properties are REALLY special!!! I think MOST astute mining stock players knew that back in 1998, 2001, 2003, (especially 2006), 2007, 2009, etc. etc., but only NOW are we seeing that belief coming to fruition once and for all. Which means that former and current Medinah investors not currently DEAD will soon (year or two or three) see their dream of financial security finally be fulfilled.
Congratulations to ALL who have HELD their stock through all the hard times.
Jack
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