Mega Precious Metals Inc MPRXF

PP to be repriced?

[hrattle]

At this level I suspect the PP won't get filled. Particularly the FT which accounts for the bulk of the needed cash - the warrants like the last 11m are likely worthless. Same as last time - you would think they would learn!

Some PP investors only invest for the warrants but a 37.5% premium to market is very hard to justify - after tax you are still looking at a loss on top of carrying costs.

A new FT price around 72 cents may work. Hopefully the 61 cent price won't change.

20% drop since PP annouced. Pinetree losses building up.

[ramblersrest]

Better stil cancel the dam thing or scale it way down in paper size until the market improves for junior golds . Take a little breather on trying to do too much all in one stroke .Slow down a little .Use the time to work on the Manitoba Government to put infrastructure plans in place for MB so it can get investors sentiment . Drill Headway starting in May . Maybe the deep hole at Masden will

[hrattle]

...put infrastructure plans in place for MB so it can get investors sentiment... Stop making sense rambler! 3P will call you a basher and booyaaca will ask you for facts. Drill Headway starting in May. Maybe the deep hole at Masden will be a barn burner. Hahaha! I can tell you don't quite believe this either - why choose a deep hole at NM over Headway? What if this "test" of a

[ramblersrest]

Ten days till closing of the PP . One way or another MGP will have more money and a clear plan mapped out for the rest of 2012 . Last year the SP was strong in mid summer and there is no reason that summer seasonal weakness should effect us this year either . The clouds should lift soon as traders retake their positions ,for continued Madsen news , Headway might make hay ,and