Replies to post #61403 on Medinah Minerals (MDMN)

[Beth0515]

Wouldn't it have been less complicated for Señor Quijano to have consummated a successful contract before giving MDMN a 30% ownership?

Yes, you are correct, but that would be completely "UN-Medinah"...

JJ and the crew habitually play it fast and loose with the "information" shared in updates. We've NO idea when these three parties provided "writings", and in typical Medinah-speak, the "anticipated...next few weeks" timeframe is a useless, wishy-washy term.

And keep in mind, Medinah is historically more excited to share "potential" investments that are miles away from fruition or economically worthless. Our fellows seem quite unfamiliar with "successful contracts".

There is one positive to this, imho. No additional dilution! Go JJ! Then again, I suspect his Chilean attorneys and business advisors will likely be pocketing barrels full of new MDMN stock given all of the document preparation, notarization, and scrutiny that such a wondrous gesture of selfless generosity undoubtedly requires.

By the way, if anyone has the ear of the company, please suggest they remind their "accountant" that this transaction does NOT merit inclusion on the income statement. I'd hate to go through that discussion again...