Almost 5.5 M shares available at .0035
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So much for tax loss theory. Nothing but constant selling pressure.
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Pathetic!!
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ppl are tired of waiting. Losing patience.
Thatās my theory.
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While this may be very slightly off topic for mdmn/cdch at present. Does anyone have any suggestions for ball park drill spacing required for for a deposit to be considered measured? I understand it is partially determined by deposit type, but Iām trying to do back of the napkin math on how much drilling would be required to prove up a deposit.
The problem is Auryn/CDCH release news and then take 1 1/2-2 months to release again and thatās if we are lucky. Iām being patient thinking that one of these days/weeks we get news that will propel the stock to new highs.
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I think youāre exactly right about the stock price going up eventually, but people are going to bail in the meantime. I donāt blame them for that, and I donāt think there is a lot of manipulation going on. It is what it is.
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Personally, I would love to once again see the old highs. 
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The seller should just hit the BID and be done already. The SP is already in the crapper!
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Right now would be a great time to dis-engage from the stock for a week or two. Watching the daily SP ebb and flow will just drive you nuts. Not preaching, cuz I still look. but you get the pointā¦
It sure would be a confidence builder to see this thing trading again at .005 on some buying pressureā¦
This stock has such a toxic history, unless Auyrn makes a value added press release. $3000 gold would not help us
Seems like more of the same. Thanks Les you f&$&@ā¦
TDK.
PS -
He is on the same level as the USA gymnastics Doc, and the parents of those kids being tortured for years. How do people do these things???
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Big difference. The MSU gymnastics Doc is going to jail for rest of his life.
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Medinah is going away about as fast as can. Auryn/Cerro has brought in a strong management as the mine goes into full production. The price of gold is up. It is all good. Give Auryn/Cerro little more time to get their act together. After all, it was just last month that the reverse merger took place not to mention the long holiday season in between. Les has nothing to do with this investment any longer except some lingering negative thoughts in the back of existing shareholder minds. The conversion to Cerro will be the same no matter what the share price of Medinah is. As some have suggested, best not to watch on a daily basis or risk completely going bonkers.
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Excerpt from Freeport news release today:
āā¢ Capital expenditures for fourth-quarter 2017 totaled $390 million (including approximately $250 million for major mining projects) and $1.4 billion for the year 2017 (including $0.9 billion for major mining projects). Capital expenditures for the year 2018 are expected to approximate $2.1 billion, including $1.2 billion for major mining projects primarily associated with underground development activities in the Grasberg minerals district and development of the Lone Star oxide project.ā
Will they make a deal for one of our projects and end up spending some of that money on us???
Hey Mike. Personally , I am now feeling very positive with my Mdmn/Cdch/Auryn investment , despite still being in the red with my remaining core position. For me it will either be a hit the jackpot or will eventually be used as a loss to reduce other tax gains. After all these years I am prepared for either outcome.
But thanks to Kevin Tupper and Auryn, our future is gaining some confidence.
I have not made any requests for info in awhile. But I was wondering if any of our veteran alumni can provide any info currently available which realistically summarizes our current position.
And if the Auryn news releases are the best available, just say so.
Thanks.
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Tough to get rid of ālingering thoughtsā when Les stole most of my family retirement. Nothing lingering about that.
Do you or anyone know if Les had a undisclosed sealed settlement?
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Hi funnyman,
Iād be willing to throw some tidbits out there because youāre definitely not alone in trying to make heads or tails out of recent events. Iām in the middle of a āgeo-geekā type paper that tries to make sense out of matters. It is ridiculously long (imagine that with my history!) and in fact the title itself (in caps) is beyond ridiculously long but is the shortest way I could convey what Iām trying to say. Hereās the title and first paragraph:
TRYING TO MAKE SENSE OUT OF THE HIRING OF A BUNCH OF WORLD CLASS: GEOLOGISTS, ENGINEERS AND BUSINESS PEOPLE AS IF āAMC PUBCO/NEW CERROā MANAGEMENT THINKS THAT THE CASH IS GOING TO BE FLOWING LIKE A RIVER AD INFINITUM YET MOST SHAREHOLDERS ARE HAVING TROUBLE VISUALIZING THE PATHWAY TO ALL OF THE PROFITS NEEDED IN ORDER TO COMFORTABLY AFFORD THESE GUYS. IS THE INFORMATION NEEDED TO VISUALIZE THIS PATHWAY ALREADY RIGHT IN FRONT OF OUR EYES BUT ENCRYPTED DUE TO THE COMPLICATED NATURE OF GEOCHEMISTRY, GEOPHYSICS AND MINERAL DEPOSIT PARAGENESIS/SEQUENCE OF FORMATION?
I would suggest quite possibly yes after witnessing the market reaction to arguably stellar bulk sampling/ātest productionā results featuring from $600 per tonne ārockā found in lens #1 over a width of 28 meters to āapproximately twiceā that amount encountered in lens #2 over a 42-meter width in the first two ālensesā of the Larissa Aditās lenticular vein system.
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Thanks Doc . We were all hoping you would respond . And the paper which you are preparing would be much appreciated whenever available.
Funnyman. In case you havenāt noticed after being invested here for 10+ years: the āpaperā never ends and would be more akin to a personal journal. Whether youāre inspired or baffled by Docās unwavering optimism itās very important to stress: investment decisions should not be made by his or any otherās contributions to this board. If this disclaimer was better understood from the beginning, a lot of people could have avoided significant (negative) financial impact.
I would suggest, as a more constructive conversation: arguments for and against the current $50M valuation ascribed to the Auryn assets. There should be some good points to be made on both sides. Claiming, as Doc does, that stacking the BOD with qualified people should be perceived as a hidden bread crumb to the projectās ultimate success is flawed on many levels. Is it a good sign to add advisors even though they donāt get paid anything until their are some results? Yes. Is it the equivalent of adding high paid experts to the payroll. Nope. There is no payroll.
The stock manipulation debate should be laid to rest. Is the mountain worth more than $50M??
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