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Bullboard - Stock Discussion Forum
Mega Precious Metals Inc
MPRXF
Metals & Mining
Industrial Metals & Minerals
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GREY:MPRXF - Post Discussion
Mega Precious Metals Inc
> down now
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•••
sicnarf
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Post by
sicnarf
on Jun 29, 2012 10:14am
down now
to what i paid for it many years ago , and now with a lot less cash and potential .we need 3P on the pump handle for a year.
(0)
•••
hrattle
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Comment by
hrattle
on Jun 29, 2012 10:48am
we need 3P on the pump handle for a year. Because that has worked well so far? You are a big shareholder - write to the new chairman and tell him we need to be drilling Headway. I spoke to Jim the other day - maybe I am reading more into this but he didn't sound happy about Headway. When the CEO says to drill and the board says no something has to change. I guess a budget of $200K would be
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GeneralLabour
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Comment by
GeneralLabour
on Jun 29, 2012 12:38pm
I agree with you that if there was something at headway they would have drilled it and we would have known about it. However, now it seems as if its not exactly what they had expected and who knows how low the SP can go. The only thing which could save MGP would be the POG to go back up to 1900 and to stay there, otherwise there is far too much competition and mega's propetties are mediocre
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•••
ramblersrest
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Comment by
ramblersrest
on Jun 29, 2012 1:36pm
About Headway ; is Goldcorp interested in it ? Ewan was on BNN talking about another property he has that Goldcorp is putting a passageway through to connect their two underground workings. That passageway is being explored also .Goldcorp has other interests in consolidating Red Lake area and they have competition now from another big miner . Headway being very deep and
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