I’m not giving them a free pass yet, but I’m excited about the prospect of having a professional team run this show.
I totally agree with this, as we don’t know how much influence MDMN BOD has on the running of the business. I agree reinvestment will be the path, of any well run business, and should pave away to greater value. But, private company does not need to tell us anything, correct me if I am wrong…all I can say. Other than, they do map out a good plan… Wish this started 4 years ago…
TDK
They do have to tell what is going on! We own 25% of the company, whether it is privately owned or not!
I nominate BE and Kevin for that position. Tia
I agree 100%
Now that we are locked and loaded, the future looks bright, and we are all optimistic…What will it take to attract new investors and get our share price out of the gutter? It is painful to be trading at these levels, after all that we have been through. And although there is FINALLY something to be thankful for, the truth remains that most of us are still stuck 75% or more, after being pounded for many, many difficult, challenging, and frustrating years…
Execution: Auryn doing what they said they would do. = credibility, → trust
NOTICE TO SHAREHOLDERS
Medinah Minerals, Inc. May 27, 2016
Please be advised that Medinah Minerals, Inc. (“MDMN”), a Nevada Corporation, intends to host a Shareholders Informational session in Las Vegas, Nevada on Saturday, October 1, 2016 that will be an update on the affairs of MDMN including a presentation by AURYN Mining Chile, SpA (AURYN) on the development of the entire Altos de Lipangue mountain in which MDMN now owns a 25% interest evidenced by its shareholding in AURYN.
While MDMN, under Nevada State revised Statutes can legally operate with a single Board Director, MDMN has traditionally utilized three Directors. The Company is now interviewing for a perspective new Director to be included in the Shareholder Meeting circular. In light of the exciting changes in the Company’s status from a Junior Mining Company to being a substantial interest holder in a mining operation, the Company is seeking a new Director with extensive mining experience, preferably with an operational background.
The recommended Directors will be voted on in the formal meeting on Sunday, October 2, 2016 along with any other proposed Directors and business items to come before the meeting.
By order of the Board of Directors Medinah Minerals, Inc.
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=20519
So looks like the house cleaning is happening.
I nominate CHG with the knowledge he already has in mining. TIA
Hurricane Rick has always been one of my hero’s. Would love CHG too.
Rick - post one of your pictures in that mining hardhat you’ve got.
Just in case there’s any doubt:
Diploma.pdf (530.9 KB)
I know where a ways out for the AGM but wanted to see if anyone would like to set up a dinner night for shareholders to meet Friday or Saturday could be at the Orleans or somewhere else?
Interesting that the existing BOD assumes they will receive the vote to hold their seats. I’d much prefer a single director that has some semblance of success in running a mining “holding company.” There really isn’t any benefit to having the existing BOD, handpicked by Les and JJ, with no true mining or managerial experience nor business success hold onto their seats. There’s no longer a presumed controlling vote. I’d advize Vital and Gary to start considering a new hobby that doesn’t involve collecting 2 million shares each year for some simple cut and pasting.
Very True! Especially when the above highlighted characters are the controlling interests in AMNP in which MDMN holds 23.3% (29,989,822 shares). Enough of all the manipulating shenanigans that have cost shareholders dearly over the years.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=151611
Correct. One independent, qualified, director, is all we need at this point.
So, when does the BOD order an NOBO/OBO list, contract with Broadridge for proxy voting, and allow shareholders to vote on this issue through our brokerages? Long overdue. Shareholders deserve to weigh in.
Also note my revised share total owned by MDMN … 29,989,822 shares (23.3%). It was 15 individual shareholders of Medinah Gold Corp that were issued 34,839,949 shares in exchange! Thievery, plain and simple.
Thank you newleaf, but I’d defer my BOD spot to CHG or Wizard so that I can poison pen them via the protection of cyber anonymity for a few years.