GREY:MPRXF - Post by User
Comment by
hrattleon Dec 14, 2012 9:30am
133 Views
Post# 20730020
RE: RE: Great Post Curvy!
RE: RE: Great Post Curvy! they should spend another 2 years and millions of dollars to drill another hole
The expectation is to wedge from the existing hole. Results could come quickly if a high grade zone is there as it will be easily visible in the cores. No visible gold means nothing so long as they keep drilling.
Would that be good value for the shareholders?
What do you think happens if they announce a new drill campaign for Headway? Do you think the market will think this is a waste of money and MGP shareprice do nothing (or drop) or do you think greedy speculators will pile on and ride this up?
No-one knows what is down there, possibly nothing, but does that matter for short term profit?