Mega Precious Metals Inc MPRXF

Our affiliation with GCU

[GeneralLabour]

Does anyone have information regarding the possible high grade zone in our Nunavut properties? I have noticed that both Sheldon and Pinetree Capital have bought large amounts of MGP and GCU shares recently. Could we possibly be looking at another high grade zone in Nunavut?

[threepalms]

The only connection that I know of is Sheldon and Pinetree are major owners of GCU. Mega owns a large parcel of property directly in the ore trend of GCY Springpole project discovery. Indications are that of the three major GCU findings it is now believed that this is not 3 seperate findings as previously thought but part of a much larger system.   If true that bodes well for Mega as we are

[ramblersrest]

Jim said in his Chicago talk long time ago he wanted to swap the Nunivet property with a neighbouring co. there for a property they had bordering our Madsen land in Red Lake .Mega wants to stay local ,easier to work the properties and actually move them forward .

[GeneralLabour]

I beleive that there is some information that they might know that we dont regarding those properties. And the GCU 43-101 will be a good indicator of what Mega could do with its property there. That with our current M&I base, Headway potential couldn't hurt our share price.  

[GeneralLabour]

Like 3p stated: Indications are that of the three major GCU findings it is now believed that this is not 3 seperate findings as previously thought but part of a much larger system. This could change things or at least encourage them to sell the property if it proves to yeild a good result.

[threepalms]

Bottom line. Springpole is beginning to be interpreted as a large complex gold system and in my opinion the Mega Satterly property is positionned to be highly likely of being an important piece of the regional structure.   The next update on this property expected soon should strt to show this in my opinion.