GREY:MPRXF - Post by User
Comment by
abbemanon Jun 07, 2011 3:18pm
201 Views
Post# 18682682
RE: Headway
RE: HeadwayPlease give me an explanation of why you think the market cap would go far below the cash value if Headway turns out to be unsuccessful? Without Headway MGP has at least 2 other promising projects in exciting phases. Did you leave and now trying to get back in?
Have you forgotten there was a financing at 0.80?
I look forward to the coming weeks with MGP. Wouldn't dare to leave my position this close to Headway results.. And I'm not as worried bout the share price as you after a Headway fail. Ok, of course share price could fall but I fell sure we won't go below 10 cents. I think all those people who follow this story because of Rolling Rock (i.e. Monument Bay) would buy (more) long before we are close to 10 cents.
On the other hand, if Headway turns out to be what a lot of people here are hoping for, mgp could be a 10-bagger in no time.
I haven't really calculated with Headway since I consider it to be a "wild-cat" drill (still with possibility of tremendous return). Of course, if I knew we were about to find a low or no grade gold zone at Headway I would sell now and hope to get back in before the next reportings from Monument Bay or Madsen.. But I don't know, nobody knows..
We all know soon!