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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Bullboard Posts
Post by abbemanon May 05, 2011 3:40am
320 Views
Post# 18532805

Drills are getting warm.....

Drills are getting warm.....As of May 4th:
H1 2114m
H2 1620m

This means H1 should be in the Balmer volcanics by now... I would gess H2 has 200-300 m left to the Balmer.

I made a quick calculation based on the most recent depth reportings to estimate the drill progress:

H1 about 7-10 meters/day (or 50-70 m/week)
H2 about 20-30 meters/day (or 140-210 m/week)

Based on these numbers we are approximately 10 weeks from the mineralized zone in H1.
H2 could reach the Balmer in 1-2 weeks and maybe the mineralized zone ahead of H1 (supposed more shallow in H2)

As you see these numbers are very roughly calculated and the continuation depends on several factors. Anyhow we are powerless in matter of affecting the results :) All we can do is hope... or sell :) I choose to hope since this is a terribly bad moment to sell in view of both the low share price and the possibility for a big hit in a couple of weeks.

We also heard Kuntz pleased with hitting "high low grades" in MB winter holes..
Bullboard Posts