Mega Precious Metals Inc MPRXF

Chart - dilution trap

[hrattle]

The chart is a classic picture of the dilution trap. A company with fantastic increases to it's asset base only surpassed by share dilution. There is huge opportunity here - just don't be a retail smuck - use the dilution to your advantage.

[caldernet]

Could you dumb this down for me please? What do you think is going on? How can one "use this to your advantage?" Selling shares now and plan to buy later?  

[GeneralLabour]

The best advice about this company in a long time, a lot of of would be far richer if we had used this to our advantage.

[hrattle]

Could you dumb this down for me please? Sell before dilution, wait for the drop, reinvest. This time I will wait for 54 cents but I wouldn't be surprised if it goes below 50 cents. If it doesn't I won't invest - plenty of other plays to put money into.

[GeneralLabour]

What might these other plays be?  Mega is starting to look less appealing  with such price drops comming in the near future.

[ramblersrest]

Graphite Co's so far ;;;;   GR   NGC  SRK  EGZ  LMR  SOV  GXY  SGH  FMS  SOR  CED  FDR  RA  CJC   CVN .......

[hrattle]

...with such price drops comming in the near future. Nothing certain here - MGP could take-off. News changes everything. If I were long today would I sell? Probably because Headway is delayed, NM is anaemic and MB is in quiet time (Satterly is a joke at the moment). But I'd keep an eye open if this starts to move up - that weird short position taken in the 40-50 cent range has to be unwound at

[hrattle]

Did you look at ZC?

[ramblersrest]

ZC yes . Thanks hrattle . I know they are into this as a project generator so i just got the pure play off their Quebec property they vended to  GXY . ....... GXY is a newco that has only a couple million  shares avail for trading i am told  .