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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > whats wrong
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Post by loomisgold on Oct 16, 2012 2:54pm

whats wrong

What is wrong with this company? and what happened to Jim? Why did he leave. Is all my paper going to to worthless
Comment by Curvature on Oct 16, 2012 11:11pm
This post has been removed in accordance with Community Policy
Comment by gunzod on Oct 17, 2012 12:10pm
RE 250 SHEETS. I JUST CHECKED A ROLL OF COSTCO  T. PAPER AND THERE ARE 425 SHEETS. THIS POST IS AN FYI ONLY.   REGARDS FD
Comment by Market2020 on Oct 20, 2012 9:51pm
Nothing wrong - but cheap undervalued shares accourding to stockanalytical.comGold at under $10 an ounce Today we start to cover MGP.V – Mega Precious Metals, a small advanced exploration group that has over 4 million plus 43-101 ounces of gold to date - with a lot more potential upside. The company is planning two mining operations of 200,000 plus ounces per annum at its North Madsen and Monument ...more  
Comment by loomisgold on Oct 22, 2012 1:20pm
So what is the Cap-Ex to put these so called mines into production. Can they really mine 1 g/t material from an isolated area like Monument Bay. Since they have taken on this project they have never said what the NPV is, Why is that? All they seem to do is add more ounces by lowering the the cutt-off grade. They do not even talk about the high grade under goround development they where ...more  
Comment by Curvature on Oct 24, 2012 10:39pm
This post has been removed in accordance with Community Policy
Comment by loomisgold on Nov 06, 2012 11:42am
They have not progressed far enough?  When they took this project on over 2 years ago there was a NPV done by the last operators.So they are going backwards. It apears to me the NPV would not be good when you are talking open pit with less than 1g/t material. If the numbers were as good as they talk like they are then why not let the public see them?