GREY:MPRXF - Post by User
Comment by
hrattleon Dec 11, 2012 6:41pm
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Post# 20715955
RE: RE: Far from Dead in the Water!
RE: RE: Far from Dead in the Water! People in know KNOW!
What is it you think they know? I agree with you that Headway is still an unknown, that MGP have genuinely closed on the option because they believe it is worth it and that they will announce a drill campaign for it. Hopefully MGP shareholders will be rewarded for this - they have suffered badly since MGP made the mistake of pulling out of drilling Headway (and make no mistake it was MGP that pulled funding - LC may have triggered this but MGP made the decision to suspend).
But no-one knows whether there is a high grade zone, whether the zone is large enough to be economic and whether anyone would want to drill it anytime soon. You must realise that GC have their hands full - I'm not saying they wouldn't be interested in an HGZ at Headway but they don't need to hurry. No-one else can mine this.