Replies to post #53718 on Medinah Minerals (MDMN)

[Toxic Avenger]

If Amarant didn't own 85% of LDM, you can bet Medinah would have had them take that off their website. In fact Medinah has gone out of their way to announce several times that Amarant has met all its duties and obligations under the agreement.

Medinah was desperate to get an agreement with someone that met the general terms they outlined almost a year ago. Clearly no one was going to put $180 million on the line for rights Medinah had bought for a fraction of that amount. So Amarant got a sweetheart deal.

There's a reason no one has seen the agreement with Amarant, and it's not because it's so favorable to Medinah.

[AU]

Amarant/Alluvia two of the same. I know the Amarant is getting the money by having an ipo for Alluvia. So what.

You can pick on little idiosyncrasies of my posts but I have been right all along.

Amarant/alluvia do not have the money to pay medinah, they are using alto properties as ipo bait and like mineral invest, medinah's stock price might not do much after funding.

And as we have 3 months of next weeks and gold rush tv shows that continually fail to happen or tons of equipment at the base of the mountain but no pictures...the stock price will continue to drift lower so if and when it does fund, you are back around a dime with a billion shares and 3 billion authorized.