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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Comment by hrattleon Mar 04, 2012 11:06am
174 Views
Post# 19623884

RE: RE: RE: RE: RE: RE: RE: RE: RE: Here is my tak

RE: RE: RE: RE: RE: RE: RE: RE: RE: Here is my tak

EXPLAIN WITH FACTS PLEASE

You always seem to answer with theories and not real facts....hmmm I wonder why.

The whole fun of speculation is making risky decisions on a balance of fact and experience/opinion. Decisions based on experience rather than theory. But I'm flattered that you think I answer with theories!

The future of MB is speculation. It appears to be a good property but there is a lot of nitty-gritty to be done to turn MB into a producing mine - stick around 3-5 years and maybe you will celebrate poring their first dore bar (but it won't be MGP doing this).

I do and have invested in juniors who have done this and made perfectly good returns - but I wouldn't invest in MGP because of MB at this stage in the cycle. Typically this is the worst time for NM and MB - the low point in the mining cycle.

However, there are exceptions and usually that occurs because of a take-over. I don't see any major excited about MB yet - there is nothing in the area that would make anyone want to mine there.

I wouldn't invest in MGP now because of the dilution. In the future if MB continues to derisk then there shoud be an excellent opportunity.

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