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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > the luck of the Irish?
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Post by threepalms on Jan 20, 2012 7:02am

the luck of the Irish?

How did we luck into another potential Headway property?

I bet you did not know we have another Headway did you?

Yup! I think we do it's a property called Satterly.

Soon this property will become front and Centre I suspect.

https://www.goldcanyon.ca/i/pdf/misc/gcu-factsheet.pdf

Check out this new fact sheet just released. Coming within days will be a new 43-101 for a property that borders Satterly from a number of direction.

Mega offices have advised me when I enquired that an update on this newly emerging property is nearly ready and should be released in the near future.

If you believe in what you read on the GCU thread this may be a 4 to 5 million oz deposit with a potential as high as 10 million ozs.

Buying MGP or KBG is a great way to leverage your odds in my view.

Owning these two gives you a piece of properties all over Red Lake/Rainy River/Birch-Uchi Belt and more.

Keep in mind that Jim Rogers has supported the decision of which properties KBG should keep within their portfolio.

This guy knows geology and he loves the potential KBG has in my opinion.

If you have one of these you should have both.imho

I know I am pumping here a little but I am just a little excited about the future of both sister companies.

Comment by Dano6 on Jan 20, 2012 7:13am
Threepalms!!!! a little, come on
Comment by hrattle on Jan 20, 2012 8:52am
3P it is tiresome to continually read your pumps. It is one thing to speculate about Satterly being a multi-million ounce property without any evidence from the property itself but to claim that it is like Headway is just ridiculous. There is a similarity - NEITHER HAVE A SINGLE OF OUNCE OF GOLD YET. Gold Canyon have not drilled beyond 575m so how is this like Headway? If you did any due diligence ...more  
Comment by ramblersrest on Jan 20, 2012 10:18am
I understand that they are doing Airborne siesmic this winter there to identify a groundwork program for the summer . Groundwork to me means looking for outcropping and ,grap samples which hopefully will lead to a subsequent initial drilling effort . They are just kicking the tires so to speak ,however, getting that property was a great move considering the favour that Gold Canyon is ...more  
Comment by threepalms on Jan 20, 2012 10:56am
Where do I start? My reference to Satterly potentially being another Headway is figuratively speaking of course. Headway has the potentisal to have the continuation of the Goldcorp HGZ. Satterly property is smack in the middle of the GCU claims and because of the lack of exploration done there (almost nil historical work done) and the structures there it is not a stretch to speculate that it might ...more  
Comment by threepalms on Jan 20, 2012 11:02am
It is my understanding based on the response to questions posed about Satterly that a significant amount of work has been completed at Satterly in the defining of targets and management is planning an Update for shareholders in the near future. I will say that MGP management seem to believe that GCU has a real deal of a project there and acquiring this property when they did is in my opinion a ...more  
Comment by tootall123 on Jan 20, 2012 7:04pm
This post has been removed in accordance with Community Policy
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