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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Comment by hrattleon Mar 01, 2012 6:01pm
149 Views
Post# 19614085

RE: RE: RE: RE: Chart - dilution trap

RE: RE: RE: RE: Chart - dilution trap

...with such price drops comming in the near future.

Nothing certain here - MGP could take-off. News changes everything. If I were long today would I sell? Probably because Headway is delayed, NM is anaemic and MB is in quiet time (Satterly is a joke at the moment). But I'd keep an eye open if this starts to move up - that weird short position taken in the 40-50 cent range has to be unwound at some time.

As to what else there is - I try not to give recommendations, not qualified to, and it is out of date as soon as it is posted. A recent purchase of mine was VIT, who did a $30m dilution last year and I just picked some up at 42.5 cents - I had been waiting for 41 cents but decided an initial investment was ok. I expect to add more.

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