Wishing a Happy Thanksgiving to our Canadian contingent! 
Canadian markets closed today.
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I can see the rationale for Greg and Vittal returning shares, however, when comes to those folks that did private placements and/or debt conversions, JMO, if the company wants to unwind those, then they are going to have to refund the money invested. So where does MDMN get the money from to refund the deals?
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Hopefully from LP
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Why does the money have to be returned? If I wrote a check to Lesâs company for stock instead of MDMN Iâm not sure if I would get my money back.
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I agree, Kevin. Those that purchased the stolen shares had some responsibility, also. They should have done their own due diligence. They should have checked with the BOD of MDMN before writing a check to a third party for MDMN stock. They also should have known about the maximum to be issued stipulated between Auryn and MDMN, as well. After all they were buying MDMN shares and should have known about the company and their agreements in order to value the stock before their purchase.
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Like the Frontier Private (FIRE)placement THAT NEVER HAPPENED with Les Price and Ian Dow???
C ya in criminal court Les!!!
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Private placements have associated offering docs (private placement memorandums). If those private placements had money raised for shares in MDMN being sent to Les, MDMN Chile, or any of his affiliated companies and NOT MDMN USA than those transactions would not be legitimate/legal. Therefore, anybody holding those shares will need to return them. Anybody who received and then sold shares will need to buy them back and return them. Anybody who profited from the sales of those shares will be on the hook to return those profits. The only question is: how many of these people still have the funds necessary to claw back shares and profits?
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I believe their recourse is against Les not Medinah.
I didnât get shares of Frontier. The deal never happened because of SEC issues mentioned by Ian Dow . And no investment money was ever returned to me! Anyone else have the same experience?
As I understand it, all of Ianâs and Lesterâs personal investors got their funds back.
The money in the first place never came to MDMN it most likely went into the pockets of Les. I would not be surprise if they go after Lesâ personal assets. This is criminal and as such Les should not be allowed to prosper from his criminal activity. JMO
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The sooner they freeze Lesâs accounts if they can the better.It would be great if they could freeze his ability to sell stock also but knowing Les he probably has a crony to sell stock if he canât.
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As far as I know, no one here knows how the deals were structured, with who and where the funds went. Until this is known, everything is speculation. I have never seen anyone required to buy back shares (open market or not). In terms of the SEC, they make a monetary judgment for disgorgement of illegal proceeds, which most perps never pay. I would imagine the criminal justice system is the same.
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I know everyone that posts here and wanted to attend the meeting werenât able to do so.
Yesterday, a poster on iHub (hrdl) asked âWere any of you at the meeting?â
No affirmative answers were given. I know there were posters here that traveled far and went to considerable expense to hear 1st hand what was being presented. This was an opportunity to speak with those that were present, including present and past BOD members, and other shareholders. I just want to thank everyone that was there for sharing their impressions of what was presented and sharing that information here with all posters. Also, I appreciate the insights, opinions and questions that were shared on the forum from those that werenât able to attend.
October 24 may bring news on the Okanadian situation. Beyond that, focus on AURYNâs mining progress will come quicker than recovery efforts, IMO.
Just curious, how many used the link (below) that Wizard set up to aid in the investigation?
Speculation on the outcome without concrete facts does little to further claw-backs and recovery efforts.
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USD Index just hit another short term high. Looks like it could go on up to $98.50 now. If it breaks through that, maybe it takes another run at $100.
The Euro is the opposite. Looks like Euro selling / Dollar buying. I think it may be telling us something about European banks.
IMO, the big day for gold will not come (at least in large part) until the dollar itself breaks. But it will be the last man standing among the major currencies. It could run up hard for quite some time before the real end game gets here. There is always a chance for an institutional / banking crisis to speed things up but right now Europe, Japan, and even China seem in worse shape on that front than the U.S. All the better to drive the dollar up ⌠for now.
The strong dollar is hurting silver today, but gold less so.
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What surprises me is that Greg who was a police officer detective in the LA crime division did not see what was going on right under his nose.
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Donât underestimate the forging abilities of our scumbag director Les Price!
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Iâm sure Baldy will approve your choice. 
Lots of choices besides those two.
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