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stevej

10/03/12 3:48 PM

#52232 RE: Chilean spy #52222

"Without having a concrete plan of development." I continue to believe, as I have mentioned so many times here, that much of the story about MDMN hinges on JJ's personality, his hopes, aims and plans. When you look at the maps of the properties he has put together over the years, many purchased simply to assure road access, you see a deep, personal plan reflecting an audacious idea to own a huge chunk of land with a promising prospect for world-class mining operations. Even as I have whined about this and that on these very boards over the years, I cannot ignore that JJ has strung together a very large part of a mountain, properties that are significantly larger in extent than existed in 1999 when I first bought shares. Unlike with many companies, so much of this company's planning and scheming and deal-making is carried on inside JJ's mind. I do not like the lack of transparency and I am at times suspicious that JJ and family and a few others will some day own it all, and average shareholders will all be saying WTF????
Yet what may seem like an unending greedy land grab by a pear farmer may still come to enrich hundreds of us shareholders. I hope that happens.
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bookem9171

10/03/12 5:33 PM

#52238 RE: Chilean spy #52222

Chilean spy I have to agree with you. If you have been in for 15 years, that makes at least two of us. I quit watching for years, and years thinking the shares make good wallpaper. Then they started dangling the carrot again a few years ago and I started watching it again. Voiced my concern one time too many on the "other" board, and got banned for life!
Still have the wallpaper, plus now the split shares that finished off my room nicely. MDMN doesn't owe me any money, I'm actually ahead on that game, and my shares are now free. I just wish they would do something before that carrot rots completely and falls off.