Replies to post #60040 on Medinah Minerals (MDMN)

[Hurricane_Rick]

What I was referring to is are you going to share your DD?

I share a great deal of my DD on the boards, but I'm not going to be an open book with everything I see, hear and find and where it came from. When I post my public opinion on the stock, it is rarely something I say off the cuff and is typically based on pieces of information from a variety of sources that provide the basis for that opinion. I'm not going to itemize every component that formulates my opinion every time I post...my posts are lengthy enough. I share pretty much all of my due diligence with a very small handful of investors whom I trust and vice versa. There are other pockets of shareholders that I'm not part of, but who I do know that have contacts and due diligence that only share their DD amongst themselves. A lot of that DD never makes it to the boards because people wish to keep their confidences, opinions and contacts in tact. This dynamic is not unique to Medinah.

Yes I think someone from Chile will be 1000% more reliable than the info that comes down the pipeline from someone who has an agenda, luering unsupsecting naive shareholders into believing that next week is the week.

This is a fallacious assumption on your part. Where a person is from has no bearing whatsoever on their motives. The most obvious example is that JJ is from Chile, and you believe he is screwing investors. A "contact" from Chile can be an investor with an agenda and use their location, or their familiarity with JJ, even more adeptly to lure unsuspecting, naive shareholders into believing "next week is the week". That being said, if I know someone in South America who has been on the mountain and knows that ADL is a world class deposit that will eventually be monetized, does that person's opinion have any more or less impact than a person I know in South America who believes JJ is a scammer? That's why I never take one person's opinion as gospel, regardless of where they are located, and I try to vet things out from multiple perspectives, if at all possible.

If you really want to know what is really going on as I told Geoly many years ago, it can be done but it will cost money. I and other shareholders have the contacts.

Agreed, but not always necessary. I know a shareholder that hired a PI in Santiago, relatively inexpensively, to help confirm some of his due diligence. I know shareholders who have hired an independent geologist apart from the company to go on ADL and vet it out for themselves. Shareholders can be very resourceful.

My personal opinion is that this stock is not worth the time or the money.

I wouldn't be a shareholder or posting here if I felt the same. Yet you do spend the time and the money, while saying it isn't worth either. You could've sold out several times above .15 and be done with this at what I have to believe would be a handsome profit if you've been around for 16 years. I'm fairly confident you will have another chance to make good on your opinion.

I am very surprised that an individual like you(intelligent) spends so much time on an investment that has the ALL THE characteristics AND INDICATORS of a major SCAM and every indication that JJ has no interest in mining this land AT ALL.

It's very easy to brushstroke MDMN as a scam. The warts on the investment have been well chronicled and amplified throughout the years. I find solace in that I'm able to look at both the negative and the positive aspects and still feel comfortable with the risk/reward profile. That's why I'm invested here and why I follow the developments so closely. Others disagree, and that's their prerogative. The biggest drain though has been the failure to execute the past two times and the length of time this has dragged out to get to the point of monetizing ADL. I doubt you'll find a single shareholder or director that finds this acceptable. The current JV negotiations are likely MDMN's and JJ's last shot to get it right...for me anyway.

IT REALLY COMES DOWN TO TWO THINGS RICK
1. Underperformance for 16 YEARS, REGARDLESS OF THE EXCUSES, PERIOD.
2. 3 BILLLION SHARES READY TO BE CASHED AT ANY TIME WHICH IS THE EQUIVALENT TO 200 TO 300 MILLION AND THAT IS THE BUSINESS MY FRIEND.NOT A SHAREHOLDERS BUSINESS ...IT IS A JJ BUSINESS.

This is where we differ. For me it comes down to one thing - if Medinah lands a joint venture with a "respectable" partner, the underperformance of the previous years will be long forgotten as it was when the stock ran to .19 in 2011, and later to the .17 range with Amarant. The authorized shares are meaningless unless and until they are used.