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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > will today be the turning point?
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Post by threepalms on Feb 22, 2012 8:19am

will today be the turning point?

NI-43-101 due out this week and with some 17,000 metres of drilling on the Burns Zone we may see 1 million oz increase in the resource.

My hope is we are now at 3.0 to 3.5 million ozs and growing.

With a budget of 15 million for 2012 we could potentially add another 1.5 million ozs by the end of the year and that takes us to potentially the majic number of 5 million ozs.(using the companies target cost of 10.00 per discovered oz)

A few of us who talk off-line believe that this company is well on it's way to getting noticed and being valued appropriately soon.

Comment by threepalms on Feb 22, 2012 9:29am
seems that my earlier post was well timed. today does appear to be the turning point day. got my fingers crossed
Comment by aklto on Feb 22, 2012 9:48am
MGP halted
Comment by ramblersrest on Feb 22, 2012 9:54am
Yes the post you made might have hit the nail on the head . It ,however, was only rated a 1 by SHORTY our self appointed resident expert though .LOL  
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