MDMN - 2016-03-21 Weekly Discussion

I suppose a few need some hand holding here since we touched lows again for no reason related to developments with Auryn/Medinah.

Things are going great. Auryn is going full speed ahead on the property.

A new Option agreement will likely be drafted this month, signed in April, and then exercised a short time later. Medinah will be more able to fully enjoy in the fruits of Auryn’s labors when the smoke finally clears.

Production starts next month.

Start up of drilling on the new porphyry target is in the near future as well which could prove to be a World Class Copper/Moly deposit in its own right if early indications are any measure.

I say…buy while you can before the price goes back up… If you aren’t in a position to average down, I suggest come back in April and stop torturing yourself!

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