Mega Precious Metals Inc MPRXF

RE: RE: RE: Mega Valuation

[hope21]

Naruto 
If you compare companies with exactly the same like us with M&I gold resources only they are trading much higher than we are.
Check out RMX market capital and your will see what I mean. 
M&I means dollars specially when you have this kind of ratios of 50 % M&I 50 % inferred.
Mega has now 937,000 M& I ounces from Madsen property and 600,000 M&I approx for our Monument Bay property.
1,537,000 @ 100 per ounce should be approximately 153,700,000  Market capital.
Next month Monument Bay 43-101 is coming out we should give us more 300,000 to 400,000 Thousands ounces M&I of Gold. My guess folks it will be much higher than that mark my words.
This all means that with both properties we could be close to 2 Million ounces of M&I which should give us 200 Million Market cap easily.
The company is planning a JV partnership with North Madsen so things could start to get going with our North Madsen property.
As far as Monument Bay property this property will most likely going to give us 4-5 million ounces of Gold
the company is planning on going on production by 2013 which I am sure Mega will be taken over way before that date.