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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

Metals & Mining Industrial Metals & Minerals

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Comment by hrattleon Apr 24, 2015 11:02am

RE:more than what my average cost is but

Speak of the devil - glad it worked out for you 3P (although I suspect your math is off). I doubt it did for any of those you convinced to invest here.

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Discussion

Comment by hrattleon Apr 24, 2015 10:59am

RE:RE:RE:RE:Actual BUYOUT is 11 CENTS !!!

No "enticing" allowed but another company could come in - it would be hostile-ish as all directors and management have agreed to support the Yamana deal. Glen says 22% of shares have already ...more

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Discussion

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Post by threepalmson Apr 24, 2015 10:56am

more than what my average cost is but

if it does get approved I think Yamana will be a survivor so I will hold my shares at least until the end of the year.

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Discussion

Comment by hrattleon Apr 24, 2015 10:53am

RE:RE:RE:Actual BUYOUT is 11 CENTS !!!

Your math is off - the ratio is .02092 and it is 0.1 cents cash. But in any case MGP is bid 9 cents so that is what you can sell for so that is what the takeover is worth NOW. At some future date who ...more

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Discussion

Comment by Kayla3620on Apr 24, 2015 10:47am

RE:RE:RE:RE:Actual BUYOUT is 11 CENTS !!!

The cheap power didn't save San Gold!

Discussion

Comment by ramblersreston Apr 24, 2015 10:40am

RE:RE:RE:Actual BUYOUT is 11 CENTS !!!

Glen recently said there were several different companies interested in considering purchase of MGP ....This is essentially an offer of paper , therefore, another company or two could be enticed to ...more

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Discussion

Post by michaelvimon Apr 24, 2015 10:32am

SPA will most likely be next

with close to 4 million ozs

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Comment by Miranon Apr 24, 2015 10:29am

RE:RE:Actual BUYOUT is 11 CENTS !!!

My math may be off, however based on the current price of Yamana Gold this is how I calculate the buyout. $4.67*.0292 plus the 1 CENT is cash equals 10.76 CENTS? If I am wrong, please explain.

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Discussion

Comment by u2bobon Apr 24, 2015 10:27am

RE:Yamana GOLD with a 4.5 Billion CAP Buying a JUNIOR?

Fund... ......managers have helped drive down the price of two juniors that I have been buying at their lows...MGP and TME ... brought down by Pinetree over the last few months and now that there ...more

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Discussion

Comment by hrattleon Apr 24, 2015 10:23am

RE:Actual BUYOUT is 11 CENTS !!!

The actual buyout is just over 9 cents now...if you wait for the deal to close (and it is virtually guaranteed to close) you could get 10 cents, 15 cents, 5 cents or some other amount. You are now ...more

143

Discussion

Post by Miranon Apr 24, 2015 10:22am

Yamana GOLD with a 4.5 Billion CAP Buying a JUNIOR?

Ask yourself this question, why would a 4.5 BILLION market cap company even entertain purchasing a exploration company for 17.5 Million? They know more that me and you, MGP has 2 million in CASH and ...more

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Discussion

Comment by Miranon Apr 24, 2015 10:12am

RE:RE:Payday for all of us!

I agree with you, I am seriously in the read and have a significant position, especially in the last 2 months, however the buyout is robbery!!! I AM VOTING NO!!!!!!!!! they have 2 million in CASH ...more

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Discussion

Post by souwesteron Apr 24, 2015 10:11am

If you think the takeover price is too low...

....then stick around and see if a better offer appears. Personally, I bought in recently so I'm doing ok, but I understand the frustration of those who bought in a while ago.

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Comment by pjmcarlsonon Apr 24, 2015 10:07am

RE:Payday for all of us!

Scuba, you assuming a lot with the statement "Glad most of us will make money here." What do you base that on? I ended up losing a little and 11 cents seems like a joke. Anyway, time ...more

121

Discussion

Comment by Miranon Apr 24, 2015 9:36am

RE:30 cent

I AGREE this is BULL!!! 11 CENTS is a steal!!! I am VOTING NO!!! I have 2.1 million shares!!

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Discussion

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