if you need to pay for food or electricity… (or legal battles)…
Hey back at 'ya, I only included the body of his professional contributions in the field that were cited in the SEG edition that you provided the link for, published in 2010. 
Perhaps a visit to the ALTO will allow Dr. Silltoe to complete the mapping of the copper belt down to the area around Santiago where the ADL is located as shown here:
(click on map)
Here’s the complete article online - definitely good stuff!
Lot of good stuff. A good portion of the features on this diagram are located on/under the property.
How long does it take, to do an evaluation report like this ?
I wonder how the meeting went today? Who from our BOD went to it?
I wonder if we will ever find out how much Masglas paid for JJ’s shares? Why couldn’t they just announce it since it not on their website anymore. What ever happened to them do they still own them? curious minds want to know.
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Yes hulkster who’s to say that Masglas isn’t the ones selling the shares outside of les since we don’t even know what they paid for them from JJ
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I don’t believe that management for Masglas are that incompetent to be selling the shares at these prices. I think they probably worked out some kind of a deal with Auryn or they still have them. We will find out soon enough.
Medinah still has the news release with masglas on their website…
MASGLAS Limited (MASGLAS), has purchased 218,763,318 shares of the Common stock of Medinah Minerals, Inc. from the Quijano family. This is in addition to the previous purchase of 60,000,000 (sixty million) shares by MASGLAS from the Quijano family. The total shares purchased by MASGLAS in these two transactions (278,763,318) equates to approximately 20% of the current outstanding Common stock of MEDINAH.
AURYN Mining Chile SpA
Wonder what the SpA designation after the company’s name means?
A type of corporation, these companies are formed by one or more persons whose participation in the capital is represented by shares. By extension, they are governed by the norms applying to close corporations and, in a requirement that is practically the same as for a corporation, must keep a shareholders’ register.
Stock companies are founded through a public deed or a private document signed by the participants in which case their signatures must be verified by a public notary who legalizes the document. This must be registered with the Companies’ Registry Office corresponding to their domicile and be published once in the Diario Oficial (Official Gazette) within a month of the date of the signing.
http://files.chinagoabroad.com/Public/uploads/v2/guide/attachment/Types_of_company_structure_in_Chile.pdf
It does not appear to me that AURYN is still a subsidiary of MASGLAS. My WAG is that a recent (?) reorganization occurred that prorated each of the MASGLAS backers and issued individual shares of AURYN to the original investors, rather than the MASGLAS corp. This may be one of the reasons for the cash call meeting today with a notary present. Are MDMN shares collectively in a MASGLAS account, or are they (now) individually owned? These are patient investors that have also likely had all the MDMN shares invested in, transferred into their individual accounts during whatever reorganization occurred, if the MDMN shares were ever in the name of MASGLAS. MDMN’s only asset is now represented directly by AURYN’s shares. The two new BOD members of Medinah are working for the best possible outcome on behalf of Medinah and AURYN shareholders, IMO. Italo Volante Gomez was listed in June 2016 on the Medinah site as President of Auryn Mining Chile S.p.A and CEO of SIGAL.
AURYN will not risk a conflict of interest with Mr. Volante having close ties to both companies (i.e. AURYN & MDMN). They are working together to assure mutual success, if possible, IMO.
Howdy folks. Just dropping in to give some thanks to all those that contribute here. I had to sell a few a couple years back but am adding them back in now when i can. I’m 52 so as long as this goes up by the time I’m 60 then all is good. Is it boating season yet ? Almost here in the Middle Chesapeake Bay of Va.
Beer Me but this Bulliet Bourbon is really tasty. Cheers
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Welcome back Mitch, I added some more recently too… I too want to thank Kevin and all who contribute here on the board. I see light at the end of the mining shaft.
1.5 cents. Looks like a good sale on his part in retrospect. I/we wondered why he would sell at such a discount. Besides the fact that the man was broke I’d also work under the assumption that he was aware of Les’ shenanigans (3 billion shares outstanding). I’m really hoping that Kevin is finding a way to go after he and Claro. Not easy given he’s a Chilean resident. I wonder what Bogdan thinks about this whole mess. I guess that case evaporated. Hate to say it but both MDMN and CDCH shouldn’t even be public companies at this point. There’s no upside when you have a completely broken capital structure. I know Kevin is trying his damnest to uncover the value but it ain’t an easy task.
Oh, and it sounds like Les is claiming to have had a heart attack. Fresh out of the hospital. I hope many of you had the decency to send him your condolences.
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I sure would like to know what hospital he’s at so I can go there and use the defibrillator to his head. SOB!!
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John this statement right here should of thrown a red flag up for Masglas. If JJ didn’t want to sell say 7 cents why would he sell for 1.5? Masglas should of known something was wasn’t right when JJ sold the shares 6 times less than what Masglas offered. Jmo
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You’re assuming that the old rumor that JJ didn’t want to sell at .07 is true. Given the fraud that Price (and JJ) perpetrated on MDMN shareholders, you have to essentially throw every rumor from the past into the garbage because that is exactly what it was. There is no way to tell what the truth was so IMO there is little value going back in time to try to figure it out other than for masochism and testing the bounds of anger management.
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A share swap into new, tradeable, Auryn shares is the way forward for MDMN right now. Unfortunately, the capital structure issues need to be fixed prior to that occurring and who knows how long that will take. I know Kevin is working very hard on this but given that Auryn has made it clear they want to IPO, it seems to me we’re up against the clock. IMHO, a share swap prior to fixing the capital structure issues is only slightly better than a R/S. Les has made quite a hash of this company. I hope he pays for his crimes.
I didn’t know that Les was in or out of the hospital. Where did this information come from? A heart attack you say; maybe the stress of having lawyers breathing down his neck is getting to him.
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Medinah shares turning into Auryn shares is a near certainty at this point. Would be nice to get rid of all the illegally issued shares before that happens so our Medinah shares are worth more.
I believe Medinah has a list of all the individuals that got issued illegal shares and their number. Hopefully, they can block any share conversion from those individuals assuming they still have any shares that they haven’t dumped already. Certainly any shares in cert form are worthless to those that hold them that were obtained from Les.
No doubt Les did a con job on the doctors for his purported “heart attack”. Somebody like him who has smoked all his life going into a hospital complaining of chest pains will no doubt have heart damage to begin with. Next, he will con the judge it getting various delays granted to the proceedings. Nevertheless, the chances that he outlives the civil and eventual criminal charges against him are slim. It is too much to expect that he will make good on all the damage/hurt he has done to shareholders before he is in his grave. Note…don’t expect that Les will have any assets at that time. It is well known that Les has a gambling problem. (I saw him myself years ago dumping money into a machine like there was no tomorrow. I had no idea he was playing with my money!) Do expect that the stolen shareholder money ended up in slot machines placed in there by you know who.
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Just reading what I’m reading on this board,I’m very confident a settlement will be reached in the near term. The fact that our friends have announced their intentions of going public sends the message that all the issues related capital structure must get resolved relatively quickly. That is a definite advantage to Les. Is our leadership paying attention? Maybe he’s just along for the ride, while his friends at Auryn/Masglas are calling the shots? Honesty/integrity are great qualities, but business/legal experience means something too. If I were Les, I would NOT settle any of these issues until the very last minute - and make them PAY for it. The truth is the truth. Just saying …