And mining companies have been dealing with weather for years.
A few days delay is factored in.
Production delayed a week or two over the next six months doesn’t matter.
This is not a day by day investment, it’s long term.
Unless you are a P&D.
And mining companies have been dealing with weather for years.
A few days delay is factored in.
Production delayed a week or two over the next six months doesn’t matter.
This is not a day by day investment, it’s long term.
Unless you are a P&D.
If you actually think that, do us all a favor and join John in taking a sabbatical for the rest of the Summer.
lol, at one of my friends coal mines in W. VA, the workers kept calling in sick or requesting time off for the same couple of weeks. Turns out it was the start of deer season. The owners finally got smart and just shut the mine down for those couple of weeks. Improved morale.
Does it matter to us if Auryn/Masglas is patiently buying 1-2 million shares a week, just sitting on the bid? I think it just makes common sense they are, and is a very good possibility. Somebody is picking up these shares at rock bottom prices. Perhaps when they have completed their buying, we could see a reversal in the price. Although at that rate, it could take awhile. Just speculating…
I’m in the process of doing the same thing any tips?
Thanks for the update yesterday.
When I see positive updates like many that have come from AMC I have no problem praising those developments. When I see romper room updates addressing rumors that most of us have put waaaaay into the rearview mirror I’m going to voice my frustration.
I can appreciate that you would take offense to my comments on the update or tweets, etc. given that, IMO, you are either directly or indirectly involved with the new PR efforts. However that does NOT mean that this investment is “getting” to me. I’m cool as a cumber. You may have notiiced that the rest of the mining sector is up 300%.
When I see romper room updates addressing rumors that most of us have put waaaaay into the rearview mirror I’m going to voice my frustration.
Thank you for proving my point.
Whether I, the new BOD, or anyone else had anything to do with yesterday’s notification is irrelevant to the point I made in my post.
By calling it a “romper room” update you are choosing to belittle anyone who had anything to do with that post and telling everyone here that you think the new MDMN BOD are a bunch of preschoolers.
For those who are unaware, Romper Room was a children’s education show targeted to preschoolers (those 5 and under.)
John, you’re intelligent. You don’t need to belittle or berate everyone publicly all the time if you don’t agree with them. Not everyone needs to see things your way. And when they don’t, it doesn’t mean they’re intellectually deficient. Perhaps they have knowledge of things or experiences that cause them to see it differently.
I know you’re capable of posting without belittling and disparaging others. Perhaps you could make an argument that says why you think it wasn’t necessary without having to say to the BOD (who thought it was) that they have the intellectual capacity of a 4 year old.
Wizard…Can’t you just disclose your involvement with the release of past and future information? We all appreciate any and all of it. I just think clearing the air, would be a healthy step forward for all of us. I apologize if you have already addressed this issue. Thanks…
These are some great points earlier this morning. Can you see any reason someone would want to buy or hold?
As many of you know I’ve been a shareholder advocate for a very long time and have done my best to influence management in a constructive fashion. Sometimes they didn’t see it that way and at times I’m sure I made them feel more like an adversary than a friend. Thankfully, time has a way of changing things.
I recently offered my services as an interim Communications Director to help MEDINAH work through the transition from what was to whatever end the new BOD is guiding it towards. My offer was accepted.
I am responsible for all of MEDINAH’s internal and external communications and the technology that supports them. In addition, I am contributing to business strategy and shareholder relations. My goal is to ensure timely, clear, and transparent communications to MEDINAH’s shareholders while AURYN successfully explores, develops, and exploits the Altos de Lipangue mining district.
This is an interim position and I am essentially doing it for “free” at this time. My salary is $1.00 per month and I am not receiving any shares, options or other compensation. I want to help MEDINAH fulfill its vision of becoming a profitable holding company without incurring any further debt or dilution.
We were planning to officially announce this next week, but it appears my writing style outted me before we had a chance to do so. Given that you are the only audience that such an announcement would make a difference to, we’ve decided to forego the announcement.
I have emailed and spoken with many of you directly over the years. I consider many of you friends. Thank you for that. As Communications Director I’m going to have access to information that is confidential. I will honor that trust. As friends, if we speak or correspond I hope that you honor my effort to help make MEDINAH more successful for us all. Please don’t press me with the “friend” card if I have to tell you, “sorry, I cannot answer that at this time” or “no comment”. You’ll simply have to trust that there are reasons certain things might remain confidential or undisclosed at certain times and know that I’m doing everything I can to help our stock increase in value.
All good things must come to an end. Ten years ago I launched MiningPlayOf2006.com. That morphed into 2007 and 2008. I think by then we just changed it to The Mining Play since it was taking so darn long! Sadly, for me, the end of participating in The Mining Play has come. It is inappropriate for me to offer opinion and critique from where I currently stand.
I’m passing on the mantle of “Administrator” to @Hurricane_Rick because he is the most technical of the moderators. @newleaf, @GCCapitol, and @cabezon, thank you! You have done a tremendous and often under-appreciated and thankless job over the last couple of years.
To all of you, it was a pleasure sharing with you, sparring with you, and offending you.
Seriously though, apologies to those who I’ve rubbed wrong. Unfortunately sometimes that’s how families roll – and even though I’m now advocating from a different position – you’ll always be family.
Thank you again, and good-bye. ::: someone remember to turn the lights out when the show is over :::
I only suggested he, or anyone else, review the days posting to save them from the thousands of repetitive attack post you have made toward the past BOD, now the new BOD, and fellow shareholders who disagreed with you. A simple single day review should be sufficient enough without suggesting anyone endure reviewing your attacks beyond the day. I have no objection of you, or anyone else, reviewing years of post but I will encourage you to do so. During your review you will find that the vast majority of my post responding to you were not so much in disagreement with your message concerning the BOD but rather your repetitive, recurring, cyclic, rhythmic, cyclical, dependable and tiresome attack post toward both the BOD and anyone who offered a different view from yours .
The criticism offered of your post, more often than not, was not of your analysis of the actions of the BOD but the thousands of repeats of that analysis and your repetitive attacks on other shareholders. As I have told you before there are two basic reasons I choose not to carry your flag and march beside you even when much of your analysis of the OLD BOD has been correct . First, because I simply don’t like the way you look for any opportunity to carry on your agenda of attacking the OLD, and now the NEW, Medinah management without regard to the tenor and tone it has caused to solidify the negativity already brought about by the OLD BOD. My second, and to me my more compelling reason not to align with you, is the way that you so often go about personally attacking your fellow shareholders because you disagree with them or they disagree with you.
Your opinion, as often the case, I believe is incorrect. While I long hoped that there would be some side agreements that included additional positives that might be enjoyed by Medinah shareholders, I also knew the likelihood of such agreements were slight. As you know, Les planted the seed that they were additional agreements but others who have not demonstrated a negative agenda, such as you have, toward either BOD’s, such as Wizard, have without equivocation held fast that there were no side agreements. Even after those post some shareholders continued to look to the possibility of such an agreement. The question was asked of the NEW BOD and was answered. The question has been resolved officially and there should be no agreements. Not for additional monies, shares, deals with JJ, a pre-agreed timeline for future dividend, or anything else. All of those arguments should now be gone because there is nothing to argue about. I’m not sure if your objection to the question being answered is most disappointing to you because you actually believe it was “a romper room press release” or the direct answer from the BOD now means you will not have anyone to attack concerning the subject because there is no longer any doubt about this subject. Admittedly, I could be wrong on this last point because it’s not like you need this subject as a pretext to attack anyone when you can find a replacement point almost at will.
When you say “some of you” I have to assume you are including me in the statement. My involvement does go back to 1998. I did buy some and sold most around that time. I happened to be holding a few thousand shares, that was not worth the trouble to sell, and I allowed those shares to remain as a sort of place holder for years while I followed up on Medinah only from time to time. Around the time Medinah had a supposed deal with China, and the stock was around 3 cents, I began following it closer. When that supposed deal walked I saw the price falling below a penny and I came back into Medinah hard. Later, I was lucky enough to sell several large blocks in the mid teens but, after removing some of the original cash from Etrade, I replaced many of those shares from around 9 cents down to under 2 cents. Those replacement shares are the reason my current average cost basis increased to $0.01807. I explain this only to say I’m here because I made choices and I take full responsibility for those choices. Like you, I made all of my purchases of this stock knowing the history of the stock and the past failures of it’s OLD management. Like you, I knew that there was nothing I could do to change it’s history or it’s future. I was buying into what all indications were at mountain with some potentially valuable claims owned in part by MDMN and an assumption that with managements long list of past failures they would eventually find success.
I assume you have heard the rumor that some women marry a man not for the man he is but for the man she believes she can make him become, just because she married him. To that, I will suggest that you invested in Medinah knowing the past track record of its management and somehow you thought because you were now invested everything would change, just because you were invested. Most here know of your family history with Medinah and Les and we know that your history with the two gave you a certain advantage of insight into the investment you were making and certainly much more than the average shareholders buying into Medinah. And yet you bought in anyway and then you acted as if the events that occurred in Medinahs history between the time you bought in and Auryn came into the picture were a surprise to you. I’m not saying all you have brought forward about the OLD Medinah management was wrong, I just do not understand how you knew the “twenty years” of Medinah Management history, invested in it with that knowledge before hand and after doing so were somehow surprised how Medinah continued to be managed as it had always been done.
My glass is “half full” because I see the NEW Medinah moving forward with AURYN and nothing but good in Medinah’s future and even more so when you compare its forseeable future to its know past. As AURYN moves forward Medinah’s share price will eventually catch up. Now I am not investing, as we did before, in a mountain with the hope that management will get lucky. Rather, I remain invested in companies that I can see are moving forward, making business decisions as a business and not a personal bank account, and with every expectation of success and whatever the timeline I see little chance in failure. Something that could not be said not that long ago.
On the other hand, your glass simply offers the appearance of being mostly miserable.
I shut my logging outfit down in the fall for one week so the crew can go moose hunting
Good for morale as you say…happy crew is a productive crew!
Congraulations to both you and the shareholders for what I believe will show itself to be an excellent dicission by Medinah management.