Auryn/Medinah - 2023 1st Half General Discussion

Baldy,
I don’t pretend anything here. You and I quite simply have a completely different perspective on this one equity. I hold it for a very specific reason, and you sold it when you did because it benefitted you in a particular way. I did not have that option and so in that respect I’m a stuckholder. I’m not advocating buying MDMN to average down because I’m already overweight here. For many years I bought dollar for dollar the same amount in CDCH and MDMN. As a result, I have a respectable position in AUMC which apparently you do not, and a large MDMN position that I’m neither buying nor selling. I agree with all your reasons for not holding this stock, and why you are not buying. Most investors quite wisely are risk adverse in the present era of uncertainty. Both AUMC and MDMN are presently illiquid. I invest to make a profit the same as you do, preferably in equities that are both liquid and have good fundamentals. I’ll repeat for the umptieth time I have a large “FULL” position in this stock held in an IRA and ROTH. I know why I post here. I do question what your purpose in posting here is. At times you are entertaining and laughable! Only 12 posts in 12 days without a company update? :rofl: :point_down:

It is an annoyance (to me personally) with your attitude of a know it all that knows better than management in this particular stock. Your way to investing in this stock is not wrong, but it is also NOT suitable for all stockholders here. You fail to recognize and respect other shareholders points of view and why they did not sell and wait to buy back as you may eventually do.

You cover no new ground in your posts to anyone holding this stock long term, and primarily kept in a sock drawer. I did misspeak when I attributed your focus to the past management; I should have said it reminded me of why we took several giant steps backwards when the prior management’s myriad misrepresentations to stockholders were finally being exposed in 2016 and the lawsuits that followed. The present management has made tremendous strides forward compared to where we stockholders were at back in 2016, and finally started moving forward in 2017 with their longer term planning. If you could get off your high horse of always being right and everyone else is wrong when presenting your viewpoints it would be less of an issue.

Continue using your investment acumen for profits in the DOW, S&P, and NASDAQ. NASDAQ was down 33% last year and has come back 22%. Stocks can exhibit both cyclic and seasonal effects. ( an interesting article on seasonality - Best and Worst Months for the Stock Market - Seasonal Patterns - Trade That Swing). This stock is clearly not in the same category as major markets, or investable with the same metrics used in the major markets. AUMC is in a unique market and stage of it’s development. Management is looking for it’s payday the same as investors. Management is not looking to unload for $30M all at once as you frivolously suggested recently.

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill

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