GREY:MPRXF - Post by User
Comment by
ramblersreston Mar 13, 2012 5:30pm
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Post# 19664968
RE: RE: RE: RE: Hrattle and 3P
RE: RE: RE: RE: Hrattle and 3P Stopping the Headway drilling was a decision by LC not Jim . He is correct to wait until he knows he has a competant replacement . Temp diversion to the Madsen to get the new guys feet wet and expand those claims reserve count is a prudent decision . The PP is another thing but that is how they raise their cash flow no alternative there . Last summer the SP was strong here . It bounces up and down like a YO YO . Doesn't stay down long , next rebound will have Headway back on stream , feasibility study from MB and continued expansion of Red Lake reserves . Remember Jim saying Headway is the best gold chance in Canada and a hit there would increase MGP share price by fifty fold . That is what the longs here are longing for .