Don’t feel bad i’m at 18-19 yrs… so long i forgot.
If one can’t make money mining gold; try selling water instead?
In other news, EMX Royalty Corp has bought the royalty rights to three of Masglas’s properties that were previously owned by Revelo:https://news.yahoo.com/revelo-agrees-sell-generative-nsr-133000781.html
Are you sure its not Con Distributor?
Chile has always been considered among the most mining-friendly and geo-politically stable countries in the world.
The town of Lampa lies at the base of The Mountain that has consumed so much of our collective lives. Lampa is situated less than twenty crow-miles from downtown Santiago, just a 33-minute drive according to the Internet.
I have to imagine that a story such as the one below (NY Times, Jan 24, 2020) has not gone unnoticed by the folks running Auryn/Maglas.
— madmen (Brad)
Demonstrators clashed with riot police during a protest in Santiago, Chile, in October.Credit…Claudio Santana/Getty
The Challenge for Chile and the World
By Ariel Dorfman
Jan. 24, 2020
SANTIAGO, Chile — In October, a rise in Santiago’s metro fares set off the biggest protests in Chile since the end of Augusto Pinochet’s dictatorship. Protesters were calling out elite corruption, inequality, high prices and low wages, and specifically the pain caused by a privatized retirement system, which left many old people in grinding poverty.
The essential question that confronts Chile is one that many other nations are grappling with today: Can the demands of a radicalized and disaffected movement of citizens, most of whom are young, impatient and social media-savvy, be channeled and resolved by a political elite that has shown itself, until now, blind to the needs of the great majority of its populace?
The approval ratings of President Sebastián Piñera of Chile, who leads a right-wing government, have sunk to six percent while those of the Chilean Congress, which is controlled by the center-left-wing opposition, have fallen to three percent.
Whether Chile will succeed in meeting the challenges of a restless, dissatisfied citizenry depends, in great measure, on the decisions of someone like Pablo Z., a 43-year-old father of four, whom I met a few days ago at the Plaza Italia, the epicenter of the uprising. Ever since the revolt demolished the certainties of Chile’s exceptionalism as an oasis of neoliberal success in the Latin America, he has been living two parallel lives.
By day, he works diligently at a construction job, building one of the many expensive high rises that are sprouting all over Santiago.
In the evenings and often until dawn, he covers his features with a bandanna and battles the police alongside thousands of activists whose tactics have often turned violent and destructive — many times in response to the extraordinary police brutality of the past three months, which includes beatings, rapes in police stations and toxic material in water cannons. It is a level of violence not seen since the Pinochet era.
The rebellion, backed by millions of Chileans who have flooded the streets, derives from a deep frustration with the neoliberal economic model of development that has dominated the country’s existence for almost five decades and that has not delivered the promised prosperity and equal opportunities.
Thus far, the protests have succeeded in ways that would have seemed impossible to even contemplate three months ago. Modifications to the inadequate and unfair health and educational systems and to the failing pension plans (privatized during the Pinochet dictatorship, 1973-1990) are underway, although still insufficient to quell the unrest.
And the right-wing political parties that had always adamantly defended Pinochet’s fraudulent Constitution of 1980, under which they had been able to veto any major changes, joined the parties of the center-left to propose an itinerary for a constitutional convention that will, by the end of April, begin creating a new and participatory Magna Carta born of the free will of the people.
What matters most, perhaps, is that the country no longer thinks of itself as an “oasis” in a turbulent Latin America (in the words of the clueless President Sebastián Piñera) but rather as part of the continent’s perpetual struggle for justice and equality. A new Chile seems to have been born.
Despite these advances, which prove that the political elite of Chile have started to listen to the neglected majorities they are supposed to represent, it is not enough for Pablo Z. and his leaderless comrades. He showed me four pellet wounds in his upper torso — and said he had been lucky, because many activists (almost 300) had lost some vision because the police deliberately targeted their eyes. Others had been beaten and raped in police stations.
Pablo Z. demands that those responsible for these systematic violations of human rights be put on trial and wants the rampant corruption in the highest places — far too often protected by a system rigged to benefit the obscenely rich — be penalized. He and his comrades, meanwhile, live on indecent salaries.
Violence, he argues, will not cease until these demands, including the resignation of the government, be met. He shrugs off the burning of churches, the interruption of university entrance exams, the barricades in the streets, as inevitable when trying to awaken the country to flagrant inequities, shatter its complacency and restore dignity.
Protesters repeatedly speak of dignity and have even renamed some places in Santiago “ Dignidad .”
“We accomplished in 30 days what nobody did in 30 years,” Pablo told me. “As soon as we stop protesting, the people at the top will ignore us again. Why should we stop now?”
There are reasons, though, why the protesters might wish to rethink their tactics. Delinquents and narcos have taken advantage of the everlasting clashes to vandalize and loot. Conservative forces are using the resulting chaos, dread and interruption of normal life to emphasize law and order as the most important issue of the day instead of the urgent questioning of the economic and political model.
Sections of the Chilean right, nostalgic for the Pinochet years, have already begun backtracking from the need for a new constitution and are sponsoring harsh repressive measures against the rights of assembly and free speech.
This does not matter to Pablo Z. Suspicious of traditional politicians, he dreams of a total revolution, a cause for which he says he is prepared to die.
Can someone as alienated from the system as Pablo ever be part of a social consensus without which it will be impossible to change the laws of the land? Is there a chance he will ever inhabit a country where he will not be divided between his daytime job as a builder and his nighttime struggles as a destroyer of “oppressive” institutions? Without incessant pressure from below, can structural change ever be achieved? But if the situation gets out of hand, will the armed forces end up intervening to restore “order”?
It remains to be seen if Chile will be able, in the stressful months ahead, to meet the social, economic and political challenges posed by the revolt.
If the mainly peaceful Chilean people do manage such a seemingly intractable task — bridging the abyss between recalcitrant protesters and a fearful elite clinging to power — this deepening of democracy might show other nations a way to deal with similar divisions.
It is something to aim for in these dire times of worldwide conflict and resistance. A popular victory that, I hope, Pablo Z. could eventually recognize as his own and embrace as a way forward.
Ariel Dorfman, a Chilean-American writer, is the author of “Death and the Maiden. ” His latest books are the novel “Cautivos ” and “The Rabbits’ Rebellion,” a story for children.
Only 110 shares traded today😂 Pathetic !! AUMC is trading about where we were before the reverse. Pathetic!! Cordoba still hiding Pathetic!!
Trade show in Toronto in March. I believe he will be there. Anyone going?
PDAC 2020 – Come Visit Us
Jan 22, 2020
March 1 – 4 Metro Toronto Convention Centre, Toronto, Canada ::: Photo from PDAC 2019 ::: Greetings. Our Board of Directors and management team will be in Toronto this attending PDAC 2020 and conducting business. We cordially invite you to…
I used to go 2 years ago, when access to the Investors Exchange was free. NOW they want $25/day.
Definitely not worth it, for me anyways.
(Moderator note: this was posted as a new topic. I moved it to the main discussion so it would be more likely to be read. Does anyone remember the details? -cabezon )
Was there a Reverse split of MDMN for Auryn?
I just got this issue of the Mining Play…reading about a reverse split…I did not receive any notification of a split from my broker. What are the facts and details…please?
There was not a reverse split for MDMN.
Cerro Dorado, Inc. Announces Reverse Split, Name Change, and Symbol Change
Aug 13, 2018
Cerro Dorado, Inc. (OTC: CDCH) is pleased to announce that pursuant to FINRA Rule 6490, FINRA has processed our request for a reverse split, name change, and symbol change. Full details are available on FINRAs Daily List page (http://otce.finra.org/DailyList.)
Effective August 14, 2018, we will trade as AURYN Mining Corporation with the ticker symbol, CDCHD, for a twenty-day period. After that we will trade under our new symbol on the OTC Pinks, AUMC . The new CUSIP is 05208V100.
With the implementation of a 100-to-1 reverse split, AURYN Mining Corporation has 70,000,000 common shares authorized and issued, and 5,000 preferred shares authorized and issued.
Further announcements are pending and will be posted on our new website,
The allocation of MDMN for AUMC shares will incorporate the 100:1 RS, as well as a prorata exchange rate applied. It was reported that MDMN has received it’s restricted AUMC shares, but the restriction has not yet been lifted and allocation to individual sharesholders is awaiting distribution.
Did anyone see this? Not sure how to read the numbers.
Medinah Minerals Inc, Inst Holders, 4Q 2019 (MDMN)
3:25 AM ET 1/22/20 | Dow Jones
The following table shows the largest shareholders in MEDINAH MINERALS INC COM (MDMN) for the quarter ended December 31, 2019, listed by holding size. The list represents up to 50 of the largest holders in the company.
Note: Unless otherwise mentioned the reporting date is 12/31/2019
Institution Shares Shares % Last
Held Changed Held Report
FineMark National Bank & Trust 74,500 0 0.008 09/30
Fisher Asset Management LLC 15,993 0 0.002 09/30
IFP Advisors Inc. 0 (60,000) 0.000 12/31
13F data provided by: Factset Research Systems Inc.;
Please send questions to email@example.com.
Copyright, Factset Research Systems, 2020. All Rights Reserved.
I hadn’t paid attention or seen it before, but it seems to be of relatively small importance. There are virtually no institutional investors in MDMN. The results are stated as a % of shares. Assuming this is correct, for FirstMark, 0.008 x 2.8 B shares in the OS yields approximately 2.4 M shares at an average of 0.031 per share (assuming the other figure represents dollar value). Just back of the envelope figures. Anyone else have a different takeaway?
All I care about is these clowns give us our Auryn shares unrestricted and news as to what’s happening at the LDM! We are almost in March and still No word as to what is happening.
Got it and Thanks!
I see it as the column headings:
INSTITUTION…SHARES……SHARES %……LAST (price?) (Date?)
So not 2.4 million, so few shares that they don’t even register as a proportional percent.
My guess is they own just a few shares to get access to shareholder information or just to track it for their analysis- pure speculation on my part as to the reason.
You are quite right Cabezon, simply formatting column headings properly sorts this puzzle out easily.
Viewing on a smart phone is prone to leave out information. Take out the guesswork and it appears fairly straight forward as you have presented. Nicely done!
The information on institutional shareholders is not shown in the Quarterly or Annual reports on the OTC Market filings. I don’t think we’ll hear anything directly from Medinah until AUMC actually has something significant to report that brings value and interest to the market, and importantly, to shareholders. At the present time there is nothing that would bring a tangible dollar value to the ADL concessions. It is possible Hochschild may find something to report, but expenditures in greenfield projects are not high on their priority list this year. Although showing a list representing up to 50 of the largest institutional holders in a company is appropriate for larger and profitable companies, it really isn’t very useful information to have for a company such as Medinah that is no longer reporting.
Somebody really wants to invest 16 million shares at .0007 into this POS
“Somebody really wants to invest 16 million shares at .0007 into this POS”
My other half saw your post and called it to my attention this morning. Her comment was: “Tell me that’s not your bid!”. Immediately my life flashed in front of me and all of those questions through the years asking me if this new dress made her butt look big came to mind. I said a quick prayer for guidance and bleated out “less than half of the 16 million was mine”. She then asked me for my password to my main brokerage account. I gave it to her while dashing for the door. I’m typing this message from under a table at a local McDonald’s. I’ve been very good to the homeless community in my little town over the years and I have a feeling that it’s time for them to return the favor.
Sounds like many of us here LOL
B-Boy, you obviously have a belief that things are moving along - that’s a huge chance you’re taking with your lady. I have to admit, .0007 is lower than my average cost per share (mine is about 1.8 cents), and I’m tempted too. But, Hochschild has FOUR more years under the agreement? Maybe I should wait 'til it hits .00007?