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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > News Release
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Post by loomisgold on Nov 27, 2012 4:24pm

News Release

Now they are announcing assays as low as  .4 g/t.  what a joke. What is their cut-off grade now? Maybe they they will put it at 0g/t then announce that it will be the biggest mine in the world.
Comment by ramblersrest on Nov 27, 2012 4:33pm
The 75000 metres of unassayed core will add significantly to the total revised reserves when re-calculated first half of 2013. That is a good deal as the drilling is already done and paid for by Rolling Rock i presume .  
Comment by loomisgold on Nov 27, 2012 4:49pm
I assume they are talking about all the previous drilling including Bema and Noranda. All that is going to produce is very low grade results in an environment that will be very expensive to mine. When Jim took this project on he told shareholders that they would go underground within a year to chase after the high grade and start producing while doing underground exploration drilling. What ...more  
Comment by ramblersrest on Nov 27, 2012 4:59pm
What ever happened to Jim ?
Comment by hrattle on Nov 27, 2012 6:24pm
What ever happened to Jim ? What ever happened to Headway? Remember your posts around this time last year - claiming it was "plain sailing" and I was worried about "unexpected problems". Those were the days. What's the cash position like at MGP now? When's the next PP?
Comment by Curvature on Nov 28, 2012 4:23pm
This post has been removed in accordance with Community Policy
Comment by tootall123 on Dec 04, 2012 11:33am
This post has been removed in accordance with Community Policy