GREY:MPRXF - Post by User
Post by
sazfar13on Jul 26, 2011 11:58am
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Post# 18873764
Speed of Execution
Speed of ExecutionThe thing I like about the mgmt. of this company is the speed at which they moving to prove up ounces. MB and Madsen together should have a resource of 3+ million ozs by the end of this year. An average gold exploration company takes years to prove up so many ounces in the ground while diluting itself to death in the process.
If they hadn't had those problems at Headway that they did, we would have already known by now what's under there below 2500m. That they decided to start hole 2 and then 3 is a testament to the mgmt's decision making ability. A weak mgmt. would still be trying to recover hole # 2 or just working on Hole # 1 waiting for it to hit. Instead Mega's mgmt. agressively worked on 3 holes to ensure Headway is a success.
After the pump, the dump is still on and it hurts but eventually market will discover the true price of Mega with or without Headway.