Some nice buying coming in…Finally, we seem to be coming back from an extended hibernation…
Well…it is what is. When we simply own public shares of Auryn instead of penny shares of Medinah, it will start to act like a real investment.
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From Auryn
precisely, and instead of looking at the value today, it, like a real market, will start looking/projecting what the market will look like six months from now…amen.
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So, your all telling me my hopes that this thing will hit .22 to .25 before the meeting are unreasonable:sob:
Not me, GC…
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Repeat like yesterday afternoon ASK is getting overloaded. Let’s see if it gets taken out
In this pic from Medinah Facebook:
if you look closely at the upper left side of the photo, you can see a couple people at what is probably at or near the Adit #2 entrance which is directly above Adit #3.
And then another picture probably looking down from Adit #2:
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Additional info…
Adit #2.
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Wow!!! Looks like it’s all painted up staked ready to start.
Mike. Always appreciate your input on the geo side but your comments on the stock/investment need some help. Yes, the market discounts shifts in fundamentals well before those “shifts” are made public but it’s extremely important for people to recognise the transition from penny stock “next week” speculative play to junior explorer, small scale producer.
One could easily argue that the maket anticipated the renegotiation of the purchase agreement well before the public announcement. This is why the 7 cent floor was broken at least 6 months before the common shareholder knew of the “new deal.”
As CHG and others have pointed out, 2-4 cents will be a rich valuation until MDMN can provide data/production/resources supporting a $100M+ value for AMC.
The reason why the price is (and has for the past 12 months) followed fundamentals is b/c we’ve graduated from the hollow, message board, rumor mongering of the past 15 years to a stock that is actually keying off of legitimate info. This may mean that spikes in the share price are a lot less likely but the gradual appreciation will have a more solid foundation AND be supported by fundamentals. IMO
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If anyone knew how much any stock would go with fundamental/without we would have a lot of filthy rich people on this planet unfortunately no one and I mean no one can be sure at what price a stock can climb/drop. With gold most likely hitting 1400 and over in the new year if not sooner we are in a good position to have a very good run on our SP. if we get some unexpected good news from Auryn/Masglas then we will trade like a penny stock with fundamentals.
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No offense but it’s ironic that you claim no one can predict the future SP of a stock, yet you immediately follow that with your prediction for the POG.
There was no mention of penny stock or volatility in the initial claim.
It’s hard for me to understand/ follow most of your post but you may have noticed, there are a ton of filthy rich people who made their money by forecasting the direction of markets. The people who have offered opinions on valuations or TO, etc. cannot be “sure” about anything but it’s probably worth paying attention to those who can support their claims vs. those claiming the “market doesn’t get it” or “fundamentals don’t matter.” This investment can’t hide behind the veil of penny stock mentality, BS forever.
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Do they have to support just the entrance with logs or do they have to support all the way in?
It looks like they have gotten about 20 to 30 feet or so far…How far do they need to go to get to the gold?