I bought on the advice of an associate who normally has been pretty savy but has now sold and has no faith in the company or deal. A bad move on my part.
As far as the barrick gold promise, not only did larry tell a handful of us in vegas they were our partner B, but if you scan kirk's post you will see him say that the ceo of our partner B is publicly traded, has an offfice new york and their ceo was in japan on the day of his post. I made a couple of phone calls and the only ceo of a mining company that was in japan was barrick golds. The amarant guy was not there. And this fit in with what larry told us.
As far as the amount of time I spend on this board it amounts to a couple of minutes a day and I do it as a public service, I want to protect the innocent from the lies and deception.
An example of medinah pumping their stock? How about their first Q&A in 1997 right after they bankrupted their stock and wiped out ALL of their shareholders...JJ says we have at least a air dozen companies who are interested in a JV and will reach a deal with one of them shortly. 15 years later still no deal...wonder why?
How about the fake partner A? There never was a partner A or medinah could simply come out and tell us their name. Anyone who tries to tell you an NDA is still in effect is lying to you. That was another pump. If you don't care to know who partner A was, I don't know what to say.
The whole naked short and printing of air shares is another pump. Who would ever invest in a company with 2 billion air shares in the public float? If you can print air shares you would never have to cover.
Blaming knight is another pump, the insiders are dumping under a nickel shares and blame knight.
Having an insider dentist verifying the claim instead of a geologist is another company pump. And I am sure there is a boiler room down in Boca pumping away as well. I could go on but I am bored.
I see wives unaware that their husbands have dumped their life savings into this train wreck and am trying my best to offset all the rosy predictions that are made every day.
Wake me when the money is IN medinah's bank account.
Most likely they will use the naked short conspiracy as an excuse to once again bankrupt the stock and screw over the unaware. But don't worry, your favorite provider of info will have gotten rid of all their under a nickel shares by then and you are left as a broke bagholder.
I post because I care.
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