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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Comment by GeneralLabouron Feb 27, 2012 1:07pm
152 Views
Post# 19592032

RE: RE: RE: ONE OF MY STOCKS

RE: RE: RE: ONE OF MY STOCKS

Inferred: the lowest-confidence category, based on just enough drilling to outline the mineralization. This of course is not something to base a company's value on, but to get an idea of what they are looking at. In fact in MGP's last 43 101 in August they revealed more M&I than the Inferred  would lead us to believe that they had.

A Pie in the sky seem to really downplay what inferred means becuase it makes it seem as if it were a huge gamble like roulette where you have no idea where the ball will land kind of like blind luck. To be perfectly honest I think that the poster wouldnt like to see the price of MGP go up and that his statement was used more to discourage than to inform.   

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