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Bullboard - Stock Discussion Forum
Mega Precious Metals Inc
MPRXF
Metals & Mining
Industrial Metals & Minerals
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Bullboard (GREY:MPRXF)
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lockout
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Comment by
lockout
on May 05, 2015 11:58am
RE:RE:Scotia Capital gobbling @ 9.5 Cents!! Large Bids!!
I believe this to be the period for another comany to step up and outbid the auy offer. I've seen this happen over and over. We'll see. I, like 3P, am a wishful thinker. Isn't everyone
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hrattle
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Comment by
hrattle
on May 05, 2015 11:34am
RE:Scotia Capital gobbling @ 9.5 Cents!! Large Bids!!
Yes - many companies took a look over many years (Jim Rogers first put up the For Sale sign in 2011/12 - and he could have got 40 cents easily at the time). For all we know Yamana was the only offer
...more
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Miran
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Post by
Miran
on May 05, 2015 10:09am
Scotia Capital gobbling @ 9.5 Cents!! Large Bids!!
Looks like we have some activity in MGP, maybe a higher offer on the table? Glen did mention that they had several companies go through the property the last few months. YRI offer is the first of many
...more
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Miran
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Comment by
Miran
on May 05, 2015 9:54am
RE:Mega - Only 88,000 shares Up For Sale Today
Huge purchase by Scotia @ 9.5 Cents, someone knows something. I am sure the MGP management aren't going to let us down. The deal with YRI is just the start.
(0)
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Traylblaze
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Post by
Traylblaze
on May 05, 2015 9:45am
Mega - Only 88,000 shares Up For Sale Today
Investors trying to buy 7 MILLION SHARES. I'm sure part of this is Yamana and the rest, anyone's guess. The important fact is only 88,000 Mega Precious shares up for sale today. Mega
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(0)
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hrattle
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Comment by
hrattle
on May 04, 2015 10:30pm
RE:7.5 Million On The Bid For Mega
It could just be Yamana buying up shares cheaply - as long as they can buy below the offer price on market they save money. (If they had to pay more than 10 cents they would need to increase their
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(0)
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Traylblaze
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Post by
Traylblaze
on May 04, 2015 3:04pm
7.5 Million On The Bid For Mega
Precious today. But, very very few sellers. The vast majority of Mega Precious Shareholders are holding on to their shares. Better offers are coming. Why else would so many investors be buying Mega at
...more
(21)
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stanem1
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Post by
stanem1
on May 03, 2015 12:02pm
OPEN PIT
it doesn't cost much to start an open pit.there are lots of people that would do it on percentage
(0)
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Miran
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Comment by
Miran
on May 01, 2015 2:30pm
RE:17 millions on 6 Billions represent alot less than 1%
It does cost a lot of money to produce a mine. My understanding is that YRI is concentrating on Canada and do have eventual plans to mine monument.
(0)
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Traylblaze
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Comment by
Traylblaze
on May 01, 2015 12:55pm
RE:RE:Mega/Yamana Deal Will Be Rejected By Shareholders
MGP MGMT had $2.5 million left in cash. Yamana OFFERED .10 cents a share. They had no choice at that time but to accept it. Again, our gold reserves are worth $6 BILLION. There is no way other
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(2)
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PowerPlay47
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Comment by
PowerPlay47
on May 01, 2015 12:49pm
RE:Mega/Yamana Deal Will Be Rejected By Shareholders
Dont get me wrong, I want to see a higher price. But do you not think management has some other significant in their back pocket. Let alone YRI on the bid, gobbling everying and saving 10% in
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Traylblaze
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Post by
Traylblaze
on May 01, 2015 12:41pm
Mega/Yamana Deal Will Be Rejected By Shareholders
MGP Mgmt only has 22% of the vote. The rest of us have 78% of the vote. Gold continues to rise. Barrick, Goldcorp and other large gold companies recognize this as a lowball offer. They won't let
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(2)
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PowerPlay47
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Post by
PowerPlay47
on May 01, 2015 12:31pm
IMHO
This deal will go through because mgp management is on board. this sucks.
(0)
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ThurstonHowell5
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Comment by
ThurstonHowell5
on May 01, 2015 10:31am
RE:SIDE DEAL FOR MANAGEMENT?
I think mngmnt will stay on to further develop MB,, am not sure but the wording in pressed seems so, hilarious blog titled why management is supporting yamana, and the only thing of substance
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(0)
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Miran
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Comment by
Miran
on May 01, 2015 9:50am
RE:RE:RE:Yamana/Mega Deal - $6 Billion in Gold for $17 Million
I am very confident that a higher offer will present itself. This is all part of the plan, offer a lowball offer, piss everyone off, then come back like heroes and get a higher offer. I sold I
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