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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > THIS MANAGEMENT
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Post by sicnarf on Jun 23, 2012 9:17am

THIS MANAGEMENT

HAS MANAGED TO HAVE FRITTERED AWAY THE best gold bull market in history.
Comment by loomisgold on Jun 23, 2012 3:46pm
I agree. They spent money like drunken sailors and did not really advance any of their projects. They only added ounces by lowering grades. How are they going to raise money on the next go around? It apears they have given up on the high grade zones at Monument Bay and are now chasing after 1 gram and less material.This is no market to be starting a grass routes exploration project. The only way ...more  
Comment by hrattle on Jun 23, 2012 9:19pm
What do you expect? In every bull market a bunch of hanger-on companies appear riding the dreams of naive investors. Just as the internet boom brought a bunch of no-revenue, all promise companies that did PPs/IPOs and then died so too gold juniors. MGP/KBG management (along with dozens of other companies) are no different - they are actually doing fine frittering away your money.
Comment by mckennasgold on Jun 24, 2012 3:29pm
the internet created a venue for you to express yourself...even if no one cares what you have to say
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