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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > 3P r u hedging bets?
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Post by bedrocker on Aug 09, 2011 8:18am

3P r u hedging bets?

This is very nervous talk on Headway all of a sudden, 3 P.  What do you know that we don't? I will be happy if the holes get to target whether it it's Sept or Oct - no need to put undue pressure on the drillers and lose the holes.

If you are close to the play and have insight beyond the average, a big question to me is could Mega alternately be able to drill the target from underground workings owned by third parties nearby, current or likely to be in place down the road? What are the options from nearby workings if any.

It doesn't look to me that the angles would be very good from G workings to the north, but with latest drilling technologies perhaps I am missing something. If you have something in that area to educate us, it would be good.

Why be a worry wart now after all the recent hyping. Headway is the great part of the story from my view with other properties as a kind of target underpinning. There is always risk involved as holding the TSX or S&P shows so most are prepared for the down as well as upside.

But are there other options for getting there other than from surface holes?
Comment by threepalms on Aug 09, 2011 8:32am
I do not know anything besides what everyone here knows.I am just trying to be a realist with the Headway as far as progress goes.No progress on depth last update on hole 1. There could be many reasons for that but because we know that we are at the exact same depth that we had trouble last time I am a little concerned that we may be having difficulty again.My opinion is take as much time as you ...more  
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