Mega Precious Metals Inc MPRXF

ONE OF MY STOCKS

[sicnarf]

TRR is taking a beating after a big announcement. one of the board members just said INFERRED OUNCES ARE ACTUALLY PIE IN THE SKY.

[GeneralLabour]

If you actully knew what inferred ounces were and how the numbers for them are obtained you might have not put such a stupid post up. Sometimes its better to post nothing than to post something stupid.

[hrattle]

...actully knew what inferred ounces were and how the numbers for them are obtained... So tell us...anyone can be critical (or insulting)...how about rising above that and explaining why you think the post is stupid? Or are you following your own advice? (better to post nothing than to post something stupid)

[GeneralLabour]

Inferred: the lowest-confidence category, based on just enough drilling to outline the mineralization. This of course is not something to base a company's value on, but to get an idea of what they are looking at. In fact in MGP's last 43 101 in August they revealed more M&I than the Inferred  would lead us to believe that they had. A Pie in the sky seem to really downplay what

[threepalms]

I think the poster in question is simply just frustrated because this company and it's valuation so far has not met his expectations. Everyone has a different expectation and I take no issue with people who are dissapointed because of share value at present.   Having been here sometime I understand the frustration. I may not share it because I look at these plays always knowing that

[rrodda]

         PETER SCHIFF   " inferred and indicated"   last year that he was not impressed with  MGP.                                      

[GeneralLabour]

One should knowwhat he is getting himself into when investing in mining juniors. There is a good reason we are all here and that is becuase we tihnk that MGP will soon be worth over $3 a share. However for a jump that large in the SP there is a great deal of risk involved. Our managment team have so far been able to deliver and are very professional. There is a reason Pinetree is so heavily

[rrodda]

          MANAGEMENT TEAM is very professional at SHEARING THE SHEEP. As for PINETREE who knows what                          motives and strategy  are on their agenda.