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I never would have considered a financing with MC. He was looking to offer a block of shares which is not what I do.
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I never mentioned PPX nor did I intend to. Cabezon flagged the connection and and then I was forced to address b/c of all of the weak attempts to compare the two companies and which one was a better investment. That was never the intention. Reread the posts.
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No offense but if you think I’m so desperate for promotion on a stock that has already gone straight up that I would find myself interacting with the “big hitters” around here, that would be a new low. A handful of old dudes following a nonsensical pied piper who speak about how their bulletin board investment (not the halted one where the vast majority of money is tied up) is a screaming 10x bagger yet don’t have any money left to add!! AUMC has traded 10k shares ($5000 in market value) over the past two weeks!!! You, my friends, are the very last stop on the bus.
I agree! 
No need to keep twisting the knife deeper. Most here can clearly see what you do here Baldy, and it is not in the interest of moving the company forward. You no longer have a financial interest here, so I have to wonder why you persist on letting this company and its shareholders live in your brain rent free day after day. Your professionalism is not earning any points with me. You have done well elsewhere as I have. I try to add value to stocks I invest in. I think you would do well to add value to your professional image by avoiding statements you have made in the past like, “This board and stock should be for entertainment value only.” Please find your entertainment elsewhere in a more acceptable manner. The company and shareholders are interested in following recent accomplishments, not digging up the past. Shareholders (and you are not one) are awaiting news on exploration, construction activities, and progress toward mining production and plant start-up. I don’t know how to say it any more politely, come back when you think there is an investment to made here.
EZ
You were making contrasts and comparisons with your “anonymous” Peruvian company’s strategy. It was only fair to identify it for analysis, and an obvious trail of breadcrumbs was left that could lead any of us there.
Few points here as I slowly get back up to speed on all things Auryn/Medinah related. ( I always planned to come back to TMP when success appears within reach. Just been too boring to follow closely for years.)
I welcome John’s presence and often contrarian perspective. Listen to what he has to say and please don’t bother to try to chase him away if for no other reason, we want him close by when this investment finally pays off!
Looks like some posters are still making personal attacks. Just let it go.
Way too much endless historical rehashing going on. Where we are at today and where we will be at tomorrow is what matters. Just let it go.
In reviewing Shareholder updates for the last couple of years, a few things stood out.
Historical records indicate that the DL2 Vein’s width varies significantly, ranging from 0.15 to 1.4 meters. This variability will dictate our extraction approach and the mine’s overall productivity. In addition, the ore from the DL2 Vein is extracted with jack legs, ensuring precise, controlled removal directly from the vein and minimizing dilution with wall rock.
Conclusion: The small scale nature of the mining using Jacklegs drills at least has one upside. They should be able to easily separate waste rock from the ore pretty easily maintaining head grade.
AURYN recently submitted an experimental batch from the DL2 Vein to Enami’s smelting facilities, which returned promising results, showing 57 grams per tonne (gpt) of gold, 978 gpt of silver, and 3.23% copper in a one-tonne sample. This sample represents vein ore with minimal dilution, providing a solid baseline for grade expectations. While mining grades may vary due to natural dilution factors, we anticipate achieving a plant head grade of at least 10 gpt on average.
Conclusion: Auryn mentions 10+ gpt as a head grade. Let stay conservative on actual grade amounts till we see what this plant can actually produce. Not mentioned is added value from the high grade copper. They should be able to extract the copper along with the gold at the same time but again let’s see what grade/value the plant actually produces.
Diagram of Flotation Plant : Conclusion: Looking at the recent photos, one can certainly see a rough outline of the plant already. It looks like they still have a long way to go but I suspect getting the plant layout right and constructing the foundations will take far longer than actually installing all the process equipment so we may see the plant come together quickly late Fall.
Personally, I respectfully disagree with this. Who’s chasing who? Most members here are civil and are not the aggressors.
Exactly what were those Additional Claims that MDMN and Cerro didn’t have along the way ?
Hi “the rod”,
Regarding those expanded claims added by Auryn, back then, a private company called “Nuoco” owned 2,000 hectares of the ADL consisting of parts of the LDM claims, all of the “Mambo” claims, and all of the “Colombo” claims. Auryn bought them out.
Auryn had already bought out a company called “Los Azules” that owned the historic “Caren Mine” which mined the Merlin 1 Vein. This is located on the northern downslope off of the plateau within the Ocoitic Andesite instead of the granodiorite. There were 3 adits in place there. This is where that famous 124 gpt gold intersection was found as well as a bunch of channel samples coming in at over 100 gpt gold. Auryn already had done the environmental work and had the project pre-approved at a 5,000 Tonnes per month production rate by SERNAGEOMIN (before the new statute). The excitement here was that both the Merlin 1 Vein (the furthest to the west of the 5 Main Veins) and the “Fortuna Centro Vein (4 veins further to the east) shared insanely high/”bonanza” grades AT THE SAME ELEVATION i.e. 1,845 meters above sea level. This makes you think “boiling zone” which have an average vertical extension of about 300-meters.
What’s the most exciting to me about the Caren Mine and the Merlin 1 Vein are the trench sampling results. They averaged 26.9 gpt gold ON A VOLUME WEIGHTED BASIS (extremely accurate) WITH AN AVERAGE WIDTH OF 1.35-METERS AT SURFACE. That’s impressive. (Note that the Merlin 3 VEIN is averaging over 2-meters in width at surface, which is also impressive.) We already knew that the surface “strike” of the vein is 1.9 Km, which is significant.
Back to the comment about “bonanza” grades at the same elevation, the betting line would be that all of the veins (especially those in between these 2 veins) probably share similar grades at that same elevation. What this suggests is that we are in a “BOILING ZONE” within a “vein set”. The presence of copious amounts of chalcedonic quartz (“milk quartz’, “aphanitic quartz”, or “microcrystalline quartz”) might be confirmatory.
The plan was to consolidate all of the disparate mining concessions and bring the entire ADL Mining District “public” within the Cerro Dorado corporate structure. Nuoco and Auryn Privateco were privately held and Medinah and Cerro were publicly traded. When you do one of these transactions, you have all 4 parties donate their mining concessions into a common pool. Any outstanding debts amongst the 4 parties need to be resolved prior to slicing up the pie. Auryn Privateco had been bankrolling both Medinah and Cerro, so they ended up getting slightly more of the pie than their pro rata ownership of the hectarage.
Auryn agreed to bankroll operations while charging zero interest. Medinah and Cerro had no ability to raise capital after Les Price did his thing. At the end of the day, all 4 parties got pretty much the same percentage of the action corresponding to their original ownership percentages of the overall 10,500-hectare block. Prior to closing, Maurizio’s staff tied down any remaining nearby small concession blocks to make sure they had “contiguity” and that they had all of the land likely to host economic ore and the probable extensions of the various ore-bearing structures.
What people tend to forget is that the relationship with Maurizio and Auryn Privateco started as a mining option contract. Auryn Privateco could earn “X” interest in the properties by spending “Y” amount of money.
Auryn and Medinah conjointly drilled 31 diamond drill holes over the years. These holes revealed a very large, long-lived hydrothermal system dating back 91 million years into the Cretaceous Period. The findings revealed all of the classic adnexal structures found in these hydrothermal systems. These included diatreme breccia pipes, skarns, mantos, porphyry prospects, low and intermediate sulfidation veins, mesothermal veins, stratabound copper/gold deposits, etc.
For many decades we all knew of Chile’s famous “Early Cretaceous Porphyry Belt”. Everybody thought its southern terminus was north of the ADL at the Andacollo Mine or perhaps at Llahuin.
Auryn’s geoscientists were working up the Pegaso Nero copper-moly porphyry prospect. They decided to submit the ore to a “Rhenium/Osmium” dating test to determine its age. It came back at 91 million years of age which matched exactly that of the Andacollo Copper-Gold porphyry. A lot of work still needs to be done but it appears that this famous porphyry belt extended a little further south than earlier thought.
Thanks for bailing me out on those details for TheRod!
Slightly. As in 95%…even in today’s environment, those Auryn concessions wouldn’t carry nuch value…I would guess that Maurzio picked them up for less than $100k.
This was back in Feb 2016. The first of many, many declarations of imminent production:
“Adding over 3,000 hectares of ownership to the AURYN Mining Chile
SpA portfolio is an exciting step forward for AMC,” said AMC’s Executive
Chairman, Maurizio Cordova. “This now consolidates the entire mining
district, called Altos de Lipangue. With this consolidation, AMC expects
to start production this year on the exposed high grade veins, namely
Caren-Merlin-Fortuna. A team of mining engineers is travelling to
Santiago in February to start the preparation and design work to achieve
AMC’s production goal. We expect it to be cash flow positive that will
supplement AMC’s exploration efforts and ultimate exercise of the JV
Mining Option Agreement, with MMC,” added AMC’s Executive Chairman.
Submitted on Behalf of the Board of Directorsemphasized text
Excellent information from BB, as usual. I love the geological details, the history of the mountain and AUMC’s progress in particular. We’re all aware that progress in the mining industry is subject to a myriad cirucumstances causing problems on the way up. Auryn has been there, done that. Now they’re at the top securing the critical stages of production.
And as of right now, we see so many goals have been reached, projects completed. In my opinion, there’s no denying that significant production is on the horizon. Wrenches being thrown in now are merely focused on rehashing the distant past. 
A few financial details still need to be solidified & revealed, but I’m confident we’ll find the terms reasonably fair. I’m not focused on the rearview mirror, it has little purpose right now … We are moving forward.
Ohh shit things just got real…….
lol what gives Mike I still remember the striking pic with champagne
George, I’m more than willing to go streaking again if that is what it takes for this investment to succeed! However, I live in town now so I might scare my neighbors! 
I think there is a good chance that production will start before the end of the Winter(N. Hemisphere) and with that, will consider success is finally arrived after so many years, I’ve lost track.
Hoping you are right!! Where is wizard to add!!
VAST BOTTOMLESS PORPHYRY
While I was working on a story about global warming this morning, the phrase “slowly at first, then all at once” bubbled up from one of the numerous supergene enrichment boiling zones laced throughout the vast bottomless porphyry of my mind.
Thinking that I might successfully plagiarize it, I asked A.I. to please tell me who first came up with that phrase. And word-for-word – cross my heart and hope not to die – this is exactly what AI responded:
”The phrase ‘slowly at first then all at once’ describes a situation where a process seems to unfold gradually before a sudden, rapid change occurs.
”It was famously used in Ernest Hemingway’s The Sun Also Rises to describe bankruptcy, was later popularized in a variation by John Green in The Fault in Our Stars to describe falling in love, and here on November 5, 2025, insider buzz throughout the international mining community indicates that — even though hardly any of those pesky old (and damned expensive!) diamond drill boreholes have been completed — the phenomenon is about to again be demonstrated, any day now, by Auryn Mining Corp (ticker symbol: AUMC).”
I could hardly believe my own eyes, but there you have it!
– madmen
Time to wake up, you gotta love those good dreams, then reality kicks in !
Hey new here just trying to figure out what’s going on with the stocks I’ve been sitting on for over 10 years now. Any info would be appreciated. Is anyone predicting a rollover to the new stock or is all the MDMN stock just useless?
Welcome wesenglish1!
My magic 8 ball says brecciaboy has the answers you seek!
EZ
Thanks for the info. Does your magic 8 ball say anything about Medina stock or is it like mine and only says Ask Again Later?
Hi Wes,
Medinah is currently a “holding company” with no mining operations of its own. It “holds” 16.4 million shares of Auryn/”AUMC’. It used to trade on the OTCMarkets “PinkSheets” but they voluntarily delisted and it now “exists” (doesn’t really trade), on what’s called “The Expert Market”. This is a creation of The OTCMarkets where corporations can hang out “rent free” i.e. no filing fees, no accounting fees, no legal fees, etc., while waiting for things to play out usually on other stages.
Medinah’s original plan was to allocate/distribute Medinah’s 16.4 million shares of “AUMC in a pro rata fashion to Medinah’s shareholders. That plan seems to be on hold apparently for regulatory reasons. About 10 years ago there were some corporate governance issues related to the misbehavior of one of Medinah’s management members. He has since passed. Medinah may or may not have been put on some kind of probationary status by the regulators, I’m not sure.
Medinah definitely owns a 23.56% share of AUMC’s 70 million shares. One possibility is that AUMC could issue cash dividends to its shareholders, including Medinah, and then Medinah could forward the cash to its shareholders. This is just a guess.
I’m told that if AUMC becomes “fully reporting” to the SEC i.e. starts filing audited financials, then the allocation/distribution process is a lot easier to execute. I would guess that Auryn wouldn’t want to become “fully reporting” until they are cash flowing, which shouldn’t be too far away.
Auryn posted on their “X” a/c some photos and videos of the construction process involving their new ore processing facility. In their last quarterly update, Auryn revealed that they have “over 60,000 Tonnes” of high-grade ore mined and stockpiled on the plateau. They showed photos documenting this.
What the average Medinah or Auryn shareholder needs to do is to roll up their sleeves, clear off their desktop, and gain an appreciation for the NET PRESENT VALUE (NPV) of a 60,000 Tonne stockpile of very high-grade ore sitting right next door to a froth flotation plant with the ability to INEXPENSIVELY remove a great deal of the contaminants surrounding that high-grade ore, store the contaminants on-site, and thereby “hyper-concentrate” that ore into an EXTREMELY HIGH-GRADE “FLOAT CONCENTRATE” composed of gold, copper, and silver which ALL are trading at or near all-time high prices.
WELCOME BACK, WES, YOUR TIMING IS VERY GOOD.
MDMN Shares
I have questions regarding the quoted part of your post. You explained how MDMN voluntarily ‘exists’ on ‘The Expert Market’ without really trading. Here they can ‘exist’ without any filing fees, accounting fees, legal fees while waiting for other stages to play out.
If that’s 100% true, then why are several large blocks of MDMN still selling for fractions of a cent within this Expert Market? I suppose there’s a caveat hiding in the Expert Market’s finer details. Would you have some knowledge that you can share about this?
Specifically, is that how they eliminate millions of shares generated by the NSS activities over the years? Will these shares ever become ‘tradeable,’ thereby allowing the institutional buyers to profit with AUMC shares above & over 70M?
These may be silly questions, but I hope to understand this better.
And as always, thank you for elucidating facts about most anything Auryn.
I found a 2019 Press Release about Auryn & shares of MDMN. To your knowledge, does any of this still apply …
