I concur this site appears to have lot less ads and spam. IMHO
Yep, me too. Gmail users should go straight to their spam folder before doing anything else.
hello guys seems we again have created another board and still trading where we created one of the original boards. does anyone have anything from the meetings or are we again waiting on the BS story of āimportant meetingā arenāt all meeting important or you wouldnt travel to meet. How about a little clarity as to what they are for and how we will progress in the future months. I am tired of seeing my portfolio down to itās original state back in 2007! We have a deal, we have struck gold, JJ has sold but we sit at .02 I would like to know why?
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A quick word about the ads on this site.
Iām setting them up so that they are not too āin your faceā and hopefully relevant to you. If youāre finding theyāre not, or theyāre offensive in anyway, send me a message and Iāll see what I can do.
The occasional click-thru on relevant ads is what underwrites the cost of this site. Itās much appreciated.
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If youāve been a regular member of TMP over the years, please head on over to this post and give me your opinion.
http://theminingplay.com/t/potential-for-new-site/248
Much appreciated.
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It would be appreciated to have another section,for other stocks recommendations,We donāt know all the stocks in the market,some of you, knows good stocks that we donāt know,it would be useful to share them.
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We all want know why, and it they are purchasing shares at rock bottom prices. But is only because people are selling, and just fed up!
We are so much better off than previous deals, gold above 200 day ma, mining shares up 30%+, and currency wars raging. And we are back at 0.021 again. I donāt get it???
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We would all want to know why,a bit of promotion wouldnāt hurt either.
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Until we remove the stigma of a dysfunctional failed company with a stamp of approval (read CA$H in the coffers or a TO), I donāt see anything changingā¦
Hope to be wrong, though.
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Is on purpose not to? Seems to be the plan, need every 6 mths it seems.
And for me too. It was a little squirley getting on but just had to change my password finally,no big deal. Thanks for efforts for this new site.
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āI donāt see anything changingā I think you need a new contact prescription! 
Medinah is no longer dysfunctional or failed. The stock price simply hasnāt caught up with the new reality.
A tender offer or the option being exercised appears to be on the door step.
Letās see what Auryn presents Medinah shareholders this month.
We all have to admit that we are all in a good place finally, despite the continued waiting, with a reputable miner drilling for proven reserves which will lead to a buyout offer to enable us to exit our investments inMDMN/CDCH finally.
Are you sure it will be a buyout, as opposed to an exercising of the option?
Essentially Mike, we are saying the same thing.
Many things have changed for the better in Medinah land, no doubts about it, but the stigma from the past is still hovering over us otherwise the market would have already caught up with the new reality and the TO or the exercising of the option are the only things that will remove that stigma for good in my opinion. How close they are that remains to be seen.
Now talking about 
if you guys have Costco up in Michigan 
you may get a good dealā¦ 
But we still have the āstigmaā of a dysfunctional and greedy Management, that failed to see and do a background check on Ulander before accepting. We know we Letts being added helps, I think a lot of buyers on the sidelines once substance in the announcements occurs. Frankly I still donāt trust them myself. Either does AMC I am sure
One thing I am fairly certain of. AMC didnāt buy 150 million shares at around $0.08 and 230 million more from JJQ and family at around the same price to let the stock sit here at $0.02 for the next two years.
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Hi mrb,
Between the limited visibility we have of the playing field and the complexity of both the deposit and the interactions between Medinah, AMC and who knows what other parties might be involved I think itās pretty tough to assert with any certainty that Medinah is going down āXā path i.e. option exercising versus TO.
I personally hope itās both. Iād like to see the option exercised, the Letts take over the BOD, the money and the 15% stake land in the coffers and āMedinahā qualifying for a much loftier trading venue basically because of the option exercising. The qualifying for a higher venue is a freebie with the option exercising. A large jump in the NPV of the 15% stake will occur āfor freeā because the project has been found worthy by very smart people of being worth between $100 million and perhaps $200 million for just an 85% net stake in.
A tender offer for an entity on a much higher trading venue, run by the Letts with tons of cash in the coffers and 15% of the action on a very large project will be worth a lot more than Medinah is today because of these associated āfreebiesā. If there is still a large DISCONNECT between Medinahās market cap and the NPV of their assets then the real explosivity is released by Medinah buying back ridiculously priced shares and canceling them. Later on a tender offer of a given amount will be that much higher on a PER SHARE basis because of the lesser amount of shares. Separating the 2 events will also give the project a little more time to mature which should drive up the amount someone is willing to pay for the assets. The NPV curve can almost go vertical on a project like this once you find somebody that is willing to throw the amount of bucks at it that is necessary to uncover the value. I would think that there are going to be a whole lot of āMerlin Veinā types of discoveries on this project before its final value can be established.
In a situation like this one, the EXPLOSIVITY is associated with ACCESS TO CASH. The Ulander failed financing and the lack of credibility of management become positives when youāre trying to buy back the maximum amount of shares with a given amount of cash. The bashing and the corporate history become a positive. Mining is technically complicated but if you have āXā amount of CASH PER SHARE in the coffers potential investors can do the math. If there remains a severe DISCONNECT between Medinahās post-option exercising market cap and the NPV of their assets then with each mispriced share bought back and cancelled the amount of remaining CASH PER SHARE goes up āfor freeā. āFreeā is good. If we really do have the āstigmaā of a dysfunctional and greedy management team use that to your advantage.
Well, BB, you have now ābaptizedā the new site - Iāll bet you didnāt know youāre a priest, right?
I like the idea of there being separation between the exercising of the option and an future TO - it at least gives us a chance for the big bucks. If there is no share price reaction after the exercising of the option, then management has the opportunity to but back some shares which would cause a lot of pain for certain individuals out there.
Ok, since Auryn has 380m shares locked up, how are they going to secure another 380m to have over 50% to make a successful TO?
Have they (or there associates?) been buying at market prices on a steady basis over the last 15 months and maybe accumulated another (unannounced) potential 5m per week = 300m ? (Most likely not if they are looking for certs) - so with recent rumored whirlwind trips to NY etc - some kind of official update is anticipated (unofficially ) in the next week or 2. We all keep hearing positive rumors of the newly early production gold deposits to entice getting some $$ revenue going. And the ensuing drilling potential in these areas to confirm some real #sā¦ But maybe they already have this figured out, IMO. Otherwise, why so much rumored meetings and travels lately which assumably would be to motivate a speedy advancement by both Auryn and MDMN to either solidify a TO much sooner than the alternative of exercising the $100m option and 15% ownership of Auryn? I would think Auryn wants MDMN gone more than we want this investment to appreciate soon. All Auryn should want is to get this done ASAP at the lowest price which means before drilling next season results increase the alternative purchase option exercise, right? So, I look forward to some Auryn sponsored update by EOM to confirm any of this speculation. I agree with BE assertion that the market will tell us 1st otherwise not happening.