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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > who to back
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Post by threepalms on Feb 15, 2012 8:22am

who to back

as the shorters of the world begin their movement out of good companies and I believe they will need to do so.

what we need to do as investors in Gold exploration and production companies is we need to back the companies that have real growing 43-101 resources and a plan to increase these resources.

We need to also determine which of the above have the necessary people to move their properties towards either production or increased production.

Additionally, we reduce our risk by backing companies that have the finances or the ability to raise the necessary finances to accomplish these goals.

In my mind MGP meets all of these requirements.

I have been a big supported of this company for some time and this support in my view is not without justification. It is also my sincere belief that accumalating shares in our sister company KBG is likely a smart move because it is just a matter of time before events propel this sister company to a going and growing concern.

all in my humble rose coloured glasses opinion of course.

Comment by hrattle on Feb 15, 2012 9:17am
What a load of patronising tosh... My foolproof method: get a dart board with the names of all the listed companies, close your eyes and throw. Then sell your house and put it all in that company. Works every time.
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