Response to some of Chief's Questions/Comments:
Sorry Chief, still disagree with you concerning Research Thread. 95% messages here are either irrevelant, ramblings of disgruntled shareholders, misinformed shareholders, bashers, weirdos, etc. and it is hard to find anything unless you wade through 5000 messages.(Of course you already pointed out that if you do wade through you won't find much). Irregardless, the research thread will become a reality probably toward the beginning of next week. My hope at least that it will do some good and make it easier for potential investors to check out MDIN for themselves to determine whether it is worth risking money on such a speculative play. Many investors I doubt will bother even to check into MDIN if the happen to browse by and see all the crap on the thread.
Here's a few answers to your questions/comments: My response is in captials:
1) the company does not keep its shareholders informed of anything including natural progression or updates
DISAGREE WITH THE WORD "ANYTHING"-HOWEVER, AGREE THAT THE COMPANY HAS NOT KEPT SHAREHOLDERS WELL INFORMED.
2) the company has not published "the deal" for the $34,000,000 procurement of the properties
CORRECT-HAVE NOT SEEN THE DEAL ON PAPER ALTHOUGH I WAS TOLD THAT THE ANDICOLLO AND SANTIGAGO PROPERTIES WHERE PURCHASED FOR THE ISSUANCE OF 6 MILLION SHARES, A DOWNPAYMENT(150,000?) AND A PERCENTAGE OF FUTURE PRODUCTION REVENUES IF ANY-I'M HOPING FOR A MUCH CLEARER PICTURE OF THIS WHEN I GET COPY OF FINANICALS DOCUMENTS THIS WEEK.
2a) the company has not explained fully, the rights to placer or hardrock on all its properties or the conditions attached thereto.
COMPANY APPEARS TO A FULL RIGHTS TO THESE PROPERTIES-HAVE NOT SEE THIS IN ANY FORMAL DOCUMENT
2b) the company has not indicated what conditions must be fulfilled to attain 100% interest in the properties procured.
COMPANY HAS FULL RIGHTS TO ANDICOLLO-HAS 80% RIGHTS TO SANTIAGO-HAVE NOT HEARD COMPANY EXPRESS AN INTEREST IN OBTAINING THE REMAINING 20%
2c) the company has not published how it intends on meeting the obligations attached to these properties and how it will effect shareholder value.
CORRECT-AGAIN HOPE TO SEE THIS IN FINANCIALS
2d) the company has not published an independant assessment of the properties to show that they paid "fair market value", and were still protecting shareholder value.
CORRECT-AGAIN HOPE TO THIS IN FINANCIALS
3) the company has dilluted shareholder value to raise money with vague stated purposes and no costings attached to show where money is going to be spent.
CORRECT-SEE ABOVE
4) the company has no "five year, four year, three year, two year, one year plan" that shareholders can understand and monitor to determine that milestones are being met.
CORRECT-HAVE SEEN NO PLAN
5) the company proceeded with "share solidification" between other companies with no stated purpose and no indication of why this was to the benefit of the existing shareholders.
CORRECT-HOWEVER, IT SEEMS APPARANT THAT THEY DID THIS TO MAKE ANDICOLLO PROPERITIES TO BE MORE ATTRACTIVE TO POTENTIAL BUYERS.
6) the company has not stated what the priority of properties are and what data that was processed by other companies is any good for future reference.
THE COMPANY's CURRENT PRIORITIES ARE WHAT WAS STATED IN THE LAST PRESS RELEASE.
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