RE: RE: most recent analyst coverage From my digging on Madsen area I believe that this project will make significant progress in the not too distant future.
I expect an increase in the resource number and I think that the grams per ton yield along with the lower extraction costs as well as partnership agreements will make this a viable project in 2012.
(by viable I mean developments will secure the likelyhood of success)
From comments made by the company in recent updates and comments made to me as a result of inquiries I have made I believe Madsen is well on it's way to become another value driver.
MB also is about to take a giant leap forward.imho 3 to 3 weeks is my time window.
Headway is a piece of cake now.
Once the new driller gets his equipment on site and drilling resumes we will be just a few shorts weeks from knowing in my opinion.
I hope to see positive results from Headway possibly as soon as the time Mega is in TO for the PDAC show.(will be tight to make it happen by then but I think it is in the rhealm of possibility)
As I stated before. Mega in my mind is a major winner of a company and the market will see this soon.