Hi findstock. I haven't posted to MDIN before. I use this URL in SI to monitor all mineral stocks;
techstocks.com
I noticed alot of messages about MDIN and decided to investigate. In doing so I have found nothing spectacular. That is not to say, you may not have something in the future. It is just that there appears to be "some" who want to profess there is more here than there actually is. These type of stocks tend to attract MM's and flippers as well as hypers, and pump n dumpers. I believe you have a few on the thread right now. My intention is not to trash this stock, but I felt after spending about 6 hours going thru a whole bunch of "highly perspective" "possible multi-million ounce" "significant grades" and tons of "geological jibberish", I would at least find some real data like "drill results". Grab samples don't count, because as I have said, no geologist, not even a poor one, will grab "dirt"! So where has the money been spent, where are the drill results, what do they "know" they have, where did the approx 170 million tons "number come from, where did they get this info, did they drill the property, are they relying on drill data, or are they regurgitating what "Jose" says is on the property, because his brother Juan looked over the property and used a Wal-Mart calculator and figured out that 170,000,000 was stuck in the calculator when it froze??
I don't like incomplete data, I don't like "number" dropping and I don't like geological baffle-gab. Shareholders own the company, companies tend to forget that. What have they reported to YOU that YOU understand, and what proof have they offered YOU to substantiate any claims?
what made you decide now to come with the negative nellie routine.
Well I just spent about 5 weeks researching MINE (GE) and am looking for a company that gives its shareholders accurate "information"!!
Would you say this is the company? (I am asking, I am not drawing a conclusion here)
Where did the 170,000,000 tons come from ? Does anyone have that answer? Have they paid in full the licenses for the hundreds of claims that they have? Do they have right to "surface" and "hardrock" on their properties? If they don't should you be concerned?? What money is left in the till? Where have they spent money this year? What results did they get? Was it trench and grab or Drill? Where were the samples assayed? Was there verification done? What concessions are they working? How much money do they intend on spending during this fiscal year? Do they have all of that money now, or must they raise more by dilluting shares? Where is the "company plan"(business plan)? Are they adhering to that plan?
this I think is a real good question, Gordon House, I know his credentials, why don't you explain to me who the hell IS E?
E is "E. Charters" he runs the Canandian Mining Newsletter. He knows and understands geology like the back of his hand. He is also highly nauseating, while in the process of telling you how clever he is!!
Here's the problem. First, I believe Gordon House is extremely competent. Just because I questioned the threads "HUGE FIND" theory, doesn't mean that I am against this stock or disbelieve the geological report. (The Huge Find was what caught my attention) As I have said before, this thing is in its infancy, there's tons of more work to be done! To start surmising "HUGE FIND" before a drill bit hits the ground is like making your best golf swings in the backyard! Everybody may think you are a scratch golfer but, swings don't count there, they only count on the golf course.
My intention is not to remain on this thread and raise these issues to irritate anyone, I am answering your post that is all.
I do this for a living, I spend far to much time at my computer trading as is, to then start running off these lengthy dissertations.
the Chief |
