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Veblen

06/20/12 11:03 AM

#48917 RE: Mike Gold #48915

DATED. TALK ABOUT DATED AFTER 14 YEARS OF JJ NOT MAKING A DEAL WITH ALL THIS GREAT ?/POTENTIAL??

MAYBE VALE OR BHP BILTON COULDN'T AFFORD TO PAY FOR SUCH A VALUABLE DEPOSIT.

OH YEA, GIVE ME A BREAK.

ONLY JJ /LP AND A FEW OF THEIR CRONIES HAVE MADE ANY REAL MONEY ON MDMN AND IT WAS NOT BY PRODUCING ANY MINERALS.

WHAT THEY HAVE BEEN MINING IS THE STUCKHOLDERS POCKETS!

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Mong

06/20/12 11:19 AM

#48919 RE: Mike Gold #48915

"Objective perspective yes..but this part, "what is potential vs. clearly speculation and pumping on the part of the BOD" is erroneous. "

Mong reminds you, MEDINAMINER said this, NOT our new mining professional.

Do you also realize without analytical drilling, etc., to prove mountain, ALL WE HAVE is speculation. It makes no difference if a million geologists visit or what we "want".

Just like Sepulveda said in report- "potential" world class. Funny how potential part is often left out of quote.

Mongquote RD759 conclusion again, for clarity:

"At the moment you have a low grade breccia pipe and some potentially economic gold veins, but not much else that can be positively confirmed. The Lipangue area has potential, but talk of World class deposits is at present without foundation, and talk of mineralised porphyry systems and billions in the mountain is just wishful speculation. The answer is simple - bring back ACA Howe and let them complete the job with a definitive drilling campaign and verifiable modelling of the data to give you a real idea of what the mountain is worth."
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Krakatoa_Dean

06/20/12 11:36 AM

#48922 RE: Mike Gold #48915

trucks haven't moved ore

I knew all this talk about the rain meant something. IN the update they clearly state that they are stock piling the ore, but no where does it say that trucks have started to move. If read carefully, you will see nothing has made it to enami yet.

"The movement of heavy trucks was curtailed due to significant rainfall over the last 10 days. The road bed would have been compromised by loaded trucks of ore during this period. The weather has subsided and truck movement, over the 17-kilometer route, will now continue from the mine site to the ore staging site. Enami will then process the material(s) and results will be reported. "


It says the movement of the trucks has been curtailed. Also notice the use of the word "hopefully". "The continuum of work with the Attorneys for the funding partner will hopefully bring finalization in the very short term. " ROFLMAO so much for "we are done, nothing left to do" 4 months ago
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Medinaminer

06/20/12 11:43 AM

#48924 RE: Mike Gold #48915

Mike,

The BOD's credibility suffers greatly in light of so many claims made for so many years and so many different ways, without monetized results.

My head spins when I read some of the announcements made by, well, you pick 'em, any one of them. They hide behind all types of veils, false and misleading statements regarding the deals abound.

Who can believe this "world class" property and operation is being run by these guys who simply cannot monetize this vast holding? I scratch my head daily trying to reconcile the public dissemination of information with reality.

Finalized deals are not finalized. Imminent funding is not imminent. Details of deals are leaked, but no substantial information is given to shareholders about the current status, other than obscure, vague and implied rather than explicit messages.

This is how they run a POTENTIAL multi-billion dollar mining company? JJ et. al give new meaning to "What's My Line?" It's as though we have Larry, Curley and Mo running this greatest recent discovery of gold and minerals operation. JJ may be good at assemblage, but not at closing a deal. At least so far this is the case. Maybe he will pull a rabbit out of his hat and surprise us all.

So if there are conclusive, credible analysis of the geological status of the mountain, and if the experts believe the analysis supports exploration and discovery of the end products, then why does the BOD fumble around? Get the damn mountain explored, mined and create revenue.

There is always a reason/excuse offered for a critical step along the path to a conclusion that interrupts the ending. So delays, delays, and more delays are the mode for Mehinah. This week, next week.

Enough!