GREY:MPRXF - Post by User
Post by
threepalmson Jul 18, 2011 7:06pm
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Post# 18844565
Pinetree Capital
Pinetree Capitalis the largest shareholder here and Sheldon has a long-time relationship with ,management here as I understand it.
When this starts to run and it will you can rest assured that Pinetree with hold on to their shares until we achieve our goals and become a prodoucer.
Here is my guess on the possible future for Mega.
August 2011 confirmation of HGZ and plan to do 6 sister holes moves forward and these get done within the next 12 months.
August 2012 Goldcorp takes steps to secure the Headway from Mega once Mega completes it's option to purchase from KBG
Masden 43-101 released late September 2011 and plans begin in 2012 to put this property into production by commencing the process of starting up an open pit mining operation from a small mill set up on site or by means of a JV with Claude Resources and Goldcorp.(both companies have lands contiguous to Mega in this area)
MB drilling and mine start up continues forward as set out on Mega web site.
Satterly property initial work completed summer of 2011 and exploration an drilling begins late 2011
These are only my speculations of what might occur and are only posted here as a point of discussion.
As you can see lots of potential value builders in the not too distant future.
PLEASE NOTE THESE ARE JUST MY OPINIONS ON POSSIBLE DEVELOPMENTS IN THE FUTURE