Replies to post #48899 on Medinah Minerals (MDMN)

[Mong]

Mong thanks you, Mr. RD759, for taking time to share your professional opinion.

Why we never proved the mountain has always been elephant in room.

[superdow]

Great post RD759. More confirmation why they haven't done any more drilling in 10 years.

many people are still actually convinced based on amateur geology that there are at least 3 porphyries and 70 billion worth of mineralization.

[Mike Gold]

Have you not read the Perez report? It reflects the most recent understand of the geology of the mountain. Your thinking seems to be about ten years behind what is already well known about the property.

The full translated version can be found here:(click on link)

insert-text-here

Also, another newer report on the property can be found here:

insert-text-here

Yes yes they have already contracted with ACA Howe going forward.

You seem mystified why the Company hasn't futher drilled the property? There is no mystery there. They have yet to secure the necessary funds although receipt of funds could/should happen in the next few days.

As confirmed by Sumotomo's geologists a few years ago..the Alto De Lipangue represents the best undeveloped mining property in Chile. Literally hundreds of geologists from various mining companies have been all over the mountain and volumes of data has been collected and development plans have already been drafted.
There is no doubt that is the most sought after property in all of Chile and perhaps S. America as well. It has only been Juan's stubborness about demanding extremely lucurative terms on any JV/Purchase agreement over the years that has stalled the project.

However, the log jam appears to have broken and show time has arrived!

Disclosure: I have been a major shareholder of this Company since they purchased the Alto De Lipangue property going back to 1998.

[Veblen]

Thank you very much for taking the time to reply.

I hope all interested parties take the time to read it.

Again, Thanks.

[Medinaminer]

Muchas Gracias Senior! Finally we get an objective perspective on what is potential vs. clearly speculation and pumping on the part of the BOD.

JJ move over and allow this project to have a life of its own.

Enough!

[myrtle222]

RD759 Once again you have added reality to some of the questions I have had about this whole mining project. Straight up information without doublespeak. Thanks, very enlightening. IMO
.

[tycheparnie]

talk of World class deposits is at present without foundation

I guess Sr. Perez (hired and paid for by Vale and BHP Billiton) has a different view than you...

"HIS CONCLUSIONS: 2 PORPHYRIES ARE PRESENT AND A VARIETY OF MINERALIZATION TYPES WERE IDENTIFIED. AT LEAST “HUNDREDS OF MILLIONS OF TONS OF RESOURCES” ARE PRESENT IN THE UPPER PARTS OF THE PORPHYRIES AND SKARNS. HE SUGGESTS GEOLOGICAL MAPPING, GEOPHYSICAL STUDIES AND DRILLING. HE CITES THAT THIS IS WITHOUT A DOUBT A “WORLD CLASS” DEPOSIT."