For the common observer, Bubba and Baldy are not speaking the same language.
I hope I do well. I hope the mountain has the goods. I hope I make a lot of money. Want to know what hope gets you in the market? It gets you crucified and taken for a ride for twenty years by people who are telling you everything is rosy, rosy, rosy.
The proper investment discipline would have been risk assessment and due diligence.
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What are the odds of it being a really nice property on the surface but uneconomical when you try to produce it?
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What are the odds of it becoming an environmentally protected area making permitting nearly impossible?
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What are the odds you’re in earthquake city and your mine gets shutdown for 4 years?
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What are the odds the country you are in has a coup and nationalizes all the mines?
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Whose names are on the titles and are they clean?
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Are the financials transparent?
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What are the financial capabilities and track record of the people running the show?
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What is my personal financial situation and how much capital can I deploy into this investment?
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Given all the above, what type of return should I require given the risks and alternative investment opportunities?
You could add any number of questions to that list.
l won’t assume that you all were as naive as me. But I got in this with a penny stock investor mentality. It’s cheap. It sounds like they’ve got a good deal. I’m a gambler. I trust the person who told me about it. I can buy a good number of shares and make a big score quickly.
The reason stinky pinkies exist is because there are people who prey on the ones who invest according to the penny stock mentality.
I know others disagree, and I may be wrong, but this is my opinion about MDMN. Medinah was a stinky pinky from the start. JJ had a good property and unbelievable dreams and no idea how to explore and develop it. He also had little business sense. LP and ID were standard Vancouver paper pushers from that period in the markets. The three of them hooked up and MDMN became a public company. It really didn’t matter if the project was good or not. Back then you just needed property and a promoter.
I don’t think any of them knew how to build a real mining company. Thank God for the ADL being what it is. Otherwise all of us old-timers would have been sunk! Thank God for GC financially backing this and not letting it go belly-up. Thank God that LP realized that with the ADL he actually had a tiger by the tail and didn’t let JJ take the property and go home. Thank God for AMC coming along and actually doing the work and demonstrating value and rescuing MDMN from oblivion, 3B outstanding, and partner D,E,F, and G.
My $0.02 for the day. 
Peace.