Medinah Minerals (MDMN) - 2017 Q3 General Discussion

Serious question: As long time MDMN shareholders, what exactly are we looking to happen here? What is a realistic exit share price down the road? Is a wild, moonshot, homerun still a possibility or has that ship sailed forever?

Vark

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I’m going to have to make t-shirts with this quote on it

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That’s one way to have a decent ROI from this ā€œinvestmentā€ in the near term! :wink:

Moreover, if you are patient …

On the sleeve could you put ā€œBank on itā€.

TIA

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ā€œDone, done, done.ā€

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I take it that quote is for the other sleeve! :slight_smile:

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Sure, would seem appropriate.

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A nice update from Auryn would be nice since they’ve been MIA for the past 5 months

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Looks like Dr. Sillitoe is an advisor for Medgold. Don’t know if this is new or old but I see a date release of August 7th 2017 when I googled his name. Sure would like to know what his final report was on the Alto

http://www.medgoldresources.com/s/advisors.asp

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https://globenewswire.com/news-release/2017/07/17/1047393/0/en/Calibre-Mining-Announces-Start-of-Drilling-Program-on-the-100-Owned-Primavera-Gold-Copper-Porphyry-Deposit-Northeast-Nicaragua.html
It seems Dr.richard Sillitoe has been busy…He visited and finished his study on this property above in February and then Calibre-Mining announced start of drilling 3 weeks ago…
Mr. Sillitoe visited our site and did a study in March…so come on Auryn give us a hint of what he said…

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Auryn is giving us a hint about it via their complete silence on property matters since Sillitoe’s visit.

That could be taken either way . . negative or positive.

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Absolutely! Allow me to turn to speculation on what the price of gold may have in store for our future with AURYN. Provided that the F-1 application is approved, the thing that could assist in doing just that is the price of gold continuing to go up. Early on, AURYN was anticipating advancing the exploration and drilling of the ADL from exploitation of the higher grade AU deposits of the Caren claims. A JV partner was contemplated for the PN, but not assured. News regarding the IPO being pursued for later this year would be very welcome for Medinah and Cerro shareholders, as it would reportedly result in a pro rata share of free trading AURYN shares. There is no shortcut or guarantee when it comes to mining and only time and patience will determine the ultimate outcome for shareholders.

I recall a gravimetric ore concentrator was inquired about at the informational meeting last year. Maurizo said it had been demonstrated to concentrate ore 100 fold. The possibility of obtaining this type of equipment would likely accelerate the free cash flow from exploitation. Another possibility is one of the more advanced ore sorters available that do not use water. Either of these pieces of equipment could vastly reduce the cost of transporting ore from the known Caren veins to Enami and would be free from posing environmental hazards. There are many other factors that could positively influence a ROI for current shareholders from where PPS is presently situated. I remain hopefully optimistic for the longer term as I await news of the F-1 application, an anticipated IPO, a possible JV partner for the PN, renewed exploitation and development of the Caren veins, and further permitting and drilling on other areas of the ADL.

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I’m asking that shareholders call the CRA to file an anonymous complaint against Les Price. If the authorities get more complaints from shareholders, they would get more aggressive investigating. Especially the CRA.
It’s actually easy when you can get to a direct conversation with an agent. Please pass this on to your friends: Case lead ID # 8330511
866 / 809-6841
It is anonymous so no need to worry about the darker side.
Just out of curiosity, I checked Les on facebook—Ulander showed up as a friend—lol
Please don’t be passive and please make an effort to call the CRA. It isn’t fair that he gets off with just an agreement with MDMN. Let the legal authorities take over next.
Thank you,
Peter

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I would like to call, but what do we say when we call? I individually have no proof of anything he did. Just what has been released by Medinah. Also calling over several weeks might be more effective then everyone calling at once…

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Look at some of the facts what we have so far on the Legal drop down menu of the MDMN web site.

Supreme Court of British Columbia Vancouver Registry Dec 23, 2016 #s16111898

Supreme Court of British Columbia No. S-169580
Division 3 # 14 --16

Forensic Audit Update - January 2017 | Medinah Minerals, Inc. Note a firm hired specializing in fraud and money laundering!

Where did the money go? Was it declared? Unauthorized stock issued / sold?? Question of hidden offshore accounts.

Past connection to Johan Ulander: Johan Ulander hƤktad | Realtid ( you can translate this)
http://www.scancomark.com/Market/Thousands-of-Swedish-pensioners-hit-with-manipulation-in-savings-163506102013

Monday and Friday seem to be busy days to reach the CRA via phone. patience and keep trying.
Just alert them that you are or were a shareholder during this period of fraud and have suffered financially. Shares and money have gone unaccounted per the documents on file in the B.C. courts. Issues compiled document Les Price as the key figure, and several (6) ā€œJohn Doesā€.

There are plenty of documents backing everything up. Kevin and several others have worked hard to clean the situation up enough for Auryn to move ahead and hopefully get shareholders a return on their investment.
Most of us have friends and family that have lost significant amounts of money because of this scam, including the emotional stress and the hopes of those no longer with us…
My great thanks to those who helped get shareholders through and managed to help MDMN survive for another day.
Here’s to a successful Auryn IPO, future development and partnerships.
I’m assuming we will start getting significant news and data before this years drill season starts.
Peter

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[quote=ā€œpeter, post:264, topic:1956ā€]
ā€œHere’s to a successful Auryn IPO, future development and partnerships.I’m assuming we will start getting significant news and data before this years drill season starts.ā€

The sooner the better. Does anyone here really think good news will reallly start before the drill season stars in a matter of weeks?

Spring 2017 in Southern Hemisphere will begin on
Friday, September 22
and ends on
Thursday, December 21
All dates are in Chile Time.

Very sad that after 5 months we still don’t have any news from Auryn.

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I believe the Les Price situation was a major set back that no one really anticipated other than Les and his cronies involved in the fraud. Having said that, this issue should now at least be in the rear view mirror assuming that Les and parties hand over all the stock they agreed to! It always seems when we are just about to turn the corner always something bad pops up. Here is to hoping all the bad is out there and it is only good moving forward from here. Assuming the IPO is still on track for Q4, I would not be surprised that news may start flowing in September building up to the actual IPO date, I know it has been a long road and many of us are weary, but we are almost there to a new beginning. JMO

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