Mega Precious Metals Inc MPRXF

Re We Need News

[bedrocker]

It looks like it has good support to me - around the 60c level, or at least the first level.  I think whats hittingnow is the fact that's gold high and the producers are moving with the gold move. I don't know why but hope it changes. We may need a correction in the gold price first  - seems to just be too many disbelievers.

I like the other properties as backstops (just like Reed is for VMS) but Headway is the key to me. We will know when we get there if they get there. I would not get unnerved by a correction although it may be tempting to take profit in the hope of getting back in lower.

Watch headway progress very closely. The key for me is success there though they can go on without it as they have bets on other horses.  They have done well through the summer doldrums though I have little faith in the NIA pumps as I have no control on when they decide to bail. Perhaps some now.

May luck be with us all. Only time will bring a verdict.

[naruto]

Support at .60 is only good for day traders. It'll be the same people loading up on shares again and dumping them once it hits .70 or higher.

[Rejtrem]

You seem a little scarry Naruto!!!You need steel balls to play in the junior stocks.It is normal and preferable that after such climb that stocks pull back 15 to 20 %.Don't worry the trend is up for Mega.You have to come back to the basic rules with juniors stock :- you need a good story!- you need a good management - finally the timing has to be there also.I think we actually have

[naruto]

You are confusing scared and pissed off. I bought my shares back when MGP was around .40 so I'm not worried about losing money anytime soon.