Mega Precious Metals Inc MPRXF

Great Post Curvy!

[zamnat]

I agree with Curvature..in time the right direction and angle will help find the gold...

Until then we wait..have a Happy Holiday season and a very Happy New Year!

[loomisgold]

You Headway lovers are just holding on to a dream. So you are saying they should spend another 2 years and millions of dollars to drill another hole to find that needle in the haystack? Would that be good value for the shareholders? Even if they hit something they are still at the mercy of Goldcorp

[hrattle]

they should spend another 2 years and millions of dollars to drill another hole The expectation is to wedge from the existing hole. Results could come quickly if a high grade zone is there as it will be easily visible in the cores. No visible gold means nothing so long as they keep drilling. Would that be good value for the shareholders? What do you think happens if they announce a new drill

[loomisgold]

The problem is that they will not be able to extend that hole as the depth is to great. that is why they pulled out. When you hit faulting at 2km plus down it is just to difficult  and wedging at that depth is also not easily done. It would be a costly long shot at best.  But I would be ok with it if they announced that. Anything to get a jump in the share price at this point.  Why

[threepalms]

bought some today. we will know what the plan is soon enough. multiple gold zones similar to Goldcorp possible? Apparently that is a possibility if I read Goldcorp exploration news releases correctly. Just the opinion of a lay person. PDAC show in March should be a launching point for real news.

[Curvature]

This post has been removed in accordance with Community Policy

[hrattle]

The problem is that they will not be able to extend that hole as the depth is to great. that is why they pulled out. Just as I call out the garbage 3P posts so this is garbage too. I don't know where you get your information from loomis but you are posting rubbish. When you hit faulting at 2km plus down it is just to difficult  and wedging at that depth is also not easily done. Again you

[loomisgold]

I am not making stuff up, only stating the facts. You say it is done, but it is not. they stopped because it was to difficult as I stated. Do you really think they can just slide some new rods down the hole and continue? Obviously you do not know much about drilling or exploration.

[hrattle]

You do not wedge off the bottom of the hole but rather about 500 metres above the bottom so that the drill is angled and can cut through a larger section. What are you guys talking about? You need to read up on wedge holes or try calling MGP - you both claim to be shareholders - they can explain the technique better. Yes they do wedge from the bottom (this is the most common wedging) but

[hrattle]

...they stopped because it was to difficult as I stated. So are you saying they lied and you know the truth? Loomis you haven't a clue about drilling as you use terms incorrectly and make claims that are patently false. Headway drilling stopped because LC walked and the board decided not to put a new drill team on Headway. It was not stopped because it was too difficult. Difficult is a

[loomisgold]

Hey Rattle, I know curvy has no idea about how thinks work but now I am starting to think you are a little rattled in the brain also by saying such stupid things.Do you actually believe everything was going great and the holes are re drillable just like that? I'm not making up stories,just stating the facts that you guys are not willing to accept. And no management is not lying because

[ramblersrest]

The objective depth was 3000 metres . They were doing fine each week until LC left the country . The last hole drilled was 500 metres short of the objective depth when LC quit Canada  . The economics of any deep find would be dependant on how it could be mined from the GC workings and an economic assesment  . Everything is officially up in the air with Headway at present . MGP would be

[Curvature]

This post has been removed in accordance with Community Policy

[hrattle]

The objective depth was 3000 metres . No it wasn't - 3km was the MAXIMUM depth the drill rigg would allow. The objective depth was 2500m - the zone expected between 1500m-2500m.  ... get a suitable j/v arrangement now with GC as to exploration financing and eventual sale to them . Pie in the sky. Until and unless some gold is found GC wouldn't be interested. They are mining

[hrattle]

This means wedging well above the bottom of the hole! As I said it all depends upon the target. They might run the first wedge hole 200 feet above the bottom - not 500 metres as you suggested. Typically they might perform some downhole geophysical measurements to determine their target.

[hrattle]

Do you actually believe everything was going great and the holes are re drillable just like that? I believe exactly what MGP told us in their news releases and web updates - I've no reason to believe you know better then they do. That would be crazy to think you understand this better then the geologists and drill teams working for MGP. MH0901 had problems and was suspended - they can still