Mega Precious Metals Inc MPRXF

Pinetree Capital

[threepalms]

is the largest shareholder here and Sheldon has a long-time relationship with ,management here as I understand it.

When this starts to run and it will you can rest assured that Pinetree with hold on to their shares until we achieve our goals and become a prodoucer.
Here is my guess on the possible future for Mega.

August 2011 confirmation of HGZ and plan to do 6 sister holes moves forward and these get done within the next 12 months.

August 2012 Goldcorp takes steps to secure the Headway from Mega once Mega completes it's option to purchase from KBG

Masden 43-101 released late September 2011 and plans begin in 2012 to put this property into production by commencing the process of starting up an open pit mining operation from a small mill set up on site or by means of a JV with Claude Resources and Goldcorp.(both companies have lands contiguous to Mega in this area)

MB drilling and mine start up continues forward as set out on Mega web site.

Satterly property initial work completed summer of 2011 and exploration an drilling begins late 2011

These are only my speculations of what might occur and are only posted here as a point of discussion.

As you can see lots of potential value builders in the not too distant future.

PLEASE NOTE THESE ARE JUST MY OPINIONS ON POSSIBLE DEVELOPMENTS IN THE FUTURE

[Curvature]

This post has been removed in accordance with Community Policy

[ramblersrest]

Transulation ----  Crooked hasn't bought back into MGP

[threepalms]

There are people that watch things happen and there are people that can appreciate a business plan prior to seeing positive proof.I like to believe that I spend the many hours at this that I do in an effort to find a half dozen or so stories that have a business plan and the managent depth to make things happen.Mega so far has not dissapointed me.I see things this way because since first acquiring

[Curvature]

This post has been removed in accordance with Community Policy

[threepalms]

positive cash flow can come from many sources.A sale of the Headway to Goldcorp.18 months? that's absolutely possible.MB plan is positive cash flow in 2014. 36 months is not only possible but the plan at this time. see latest news release on MB upgraded resource.Masden area property. With an updated 43-101 due out in September and the plan to possibly bring in a portable on site

[ramblersrest]

Sorry to but in here but positive cash flow infers there is operation set up and running . Sale of an asset is capital gain/loss situation ,more like selling an investment . Also it seems a bit of a streach that there could be mining going on @ MB by 2014 . Aside from all the normal feasability ,drilling ,permitting,permit appeals,equipment ordering,mine building,staffing there are specific

[threepalms]

when I refer to cash flow positive I was referring to turning assets into hard cash as oppose to rellying on financings to fund work.In fact I believe that Masden area properties might actually see ore removal before MB.( I know I am crazy)Capital gain from a sale of an asset is likely the first monies that will fill the till so to speak.In any event the point is that we are building an going

[Curvature]

This post has been removed in accordance with Community Policy

[threepalms]

I guess that some would rather find fault than try to appreciate the overall position I take here.It is part of the business model here to discover,option and potentially sell properties within the portfollio to bigger players.ie: it never has been the intention to operate a mine at the Headway if a discovery was made. it has always been the intent as I understand it to sell this property at some

[WesternRookie]

Sprott's cockroach.