Mega Precious Metals Inc MPRXF

RE RE: Hrattle and 3P

[tomark]

The last 43-101 resource calculation was in June 2011. Their goal is to increase the resource at Monument Bay by 1 million oz per year. This goal should be based on the results in recent months.

Maybe they have 8 months of drilling in this update, maybe less.

I stated I think the update would be closer to 1 million than 300k. Anything north of 650k make my guess good and I would be happy with that.

I think they have had better than expected drill results since Jims forecast and management seem confident in the potential of a mine and 5 million + resource at MB.

All of this leads me to belive they have impressive news at MB and for that reason have decelerated  the exploration budget.