Share price rise defies logic..... At least in my mind it's a baffling reality.
I believe that what we are seeing with Medinah Minerals is a fundamental change in direction, particularly since the appointment of Dennis Tenney as CEO. Greater transparency and better communication between the company and its shareholders seems to be the trend here.
The rise in share price shouldn't be so difficult to understand given that the company has a 30% FCI (Free Carried, or as Dr. DeCosta would say, Royalty Interest) in a producing mine on the LDM, a joint venture agreement just around the corner, and the very real possibility that the Alto will be proven up in a drilling program, beginning perhaps as early as this year.