Thanks TR! I’m seeing the same numbers
1 Like
Right! But for now there are only about 5M free trading shares in the float with 65M restricted to presumably December 15 or after. I know things will change valuation wise if/when AURYN pulls off it’s earlier goal of 25,000 oz as a start to production while providing updates regarding costs, mine life, and reserves. They’ve been moving on this in silence, but after there is a ticker change to AUMC I wonder what updates AURYN is prepared to release. The new AURYN Mining Corporation website does not contain any of the older information that current shareholders have been exposed to. AURYN is essentially preparing to reveal information to an entirely new prospective shareholder base, IMO.
7 Likes
Remembering a mention in the March edition of the Chile Explore Report last year (2017):
Going public
Auryn could go public later this year, listng shares in the US as a Foreign Private Issuer. It has already begun procedures to list its shares on OTCQX and OTCQB.
CER
I wonder if this is still being worked on. If so, there will very likely be dual listing and exposure to the Latin American Markets. This has been planned for quite a while, IMO, at least the last couple of years or longer.
CDCHD filed a notice of late filing saying there is a delay in obtaining needed information. Should be out by August 20th.
MDMN hasn’t filed anything…no quarterly report or late notice.
no point in filing if they are going to swap for AUMC shares… NEXT WEEK??? hahahaha
Where the hell is bald eagle?
1 Like
When I finally got transferred through to the right department at E-trade on the phone just now I told it like it is:
“And good afternoon to you, too… Back when I actually had money to invest, I put it all — $127,000 — into the two remaining stocks you can now see in my account, now worth $5,133.33. In order to keep those two stocks I have over the past seven years paid somewhere in the neighborhood of $500-700 to E-trade for maintenance and transfer fees on them. My request is that you please drop this $38 maintenance call charge I see here on my account. You can call it a mercy killing or something — whatever you would like to call it — but that’s my request.”
The kindly E-trade representative: “Sure. We can do that. As a one-time thing, you understand…”
He said the cancellation would show up on my account in two days.
For what it may be worth to anyone else…
— madmen
5 Likes
Notice of late filing for Medinah: https://backend.otcmarkets.com/otcapi/company/financial-report/200162/content
No volume in either stock. Let’s see what comes out of these financials. I say big things are about to happen.
I don’t feel so bad about my investment acumen (or lack thereof.)
I’d rather own MDMN and CDCHD / AUMC than MoviePass. We still have a property that has potential for value. You can’t fix MoviePass for the original investors.
3 Likes
I too watch the MoviePass story unfold. The stock went from a couple bucks to about the low $30.00 when they first announced their pricing plan. Never bought since I could not see how they could make any money giving away dollars for .50. They then did a number of financing packages issuing common shares and when the stock cratered they did a 250 to 1 R/S setting the stock back to about $25.00 which quickly fell to pennies in very short order. Too bad I did not short that one.
1 Like
quote from the MoviePass article:
He said he was planning to hold on to his stake for now, though he realized he was “totally falling for the sunk cost fallacy.”
HA!
1 Like
Ahhhh at last one that I didn’t invest in…
2 Likes
I remember MPIX sucked a lot of folks out of MDMN and that ended up a worthless investment. Been here too long…
1 Like
I have the feeling we’re about to see a change, just a hope, nothing that I know. Company wouldn’t be going through all the pain’s if something wasn’t worth considering…
8 Likes
Bought into that one made 1500.00 profit before it went down the drain.
Wizzard are these guys interested in telling us whats going on. Seems a lot has but they are tight lipped why?
1 Like
Currently only 5% of the shares are tradable. 95% of the shares are restricted ( not tradable ). It would be unfair for the company to provide any information which could move the stock when only 5% are in a position to act on the information ( sell ). The restriction will be lifted in December and MDMN shareholders will be allocated their proportionate shares of the newly named company Auryn Mining ( AUMC ).
5 Likes
Very well stated zotron. There are a multitude of additional reasons that could figure in to management’s decision to keep information from view for the time being, but I see the desire to treat all shareholders equally a primary reason.
All shareholders of AURYN will be treated equally as we move forward with our intention to access the public markets and provide eventual liquidity to all shareholders.
I look at all the information provided on a regular basis prior to 2016 and have little doubt information will flow again. I expect normal information flow after all holders of MDMN shares have moved into AUMC on an unrestricted basis and are free trading.
5 Likes