Mega Precious Metals Inc MPRXF

KBG shares

[Dano6]

If these Desjardins shares are KBG unloading their 4000000 share, imagine at what price we could be right now whit Pershing buying!!!!!

[threepalms]

Highly possible that KBG is unloading a few shares at this time. They are planning a major push at this year's PDAC and that cost real money. Not to mention major pre-drilling preparation of Menary, Darkwater and now Goldhill claims. Sometimes we need to bite the bullet so to speak to make an investment into the future. In any event what is important here is the expectation of more news prior

[Curvature]

This post has been removed in accordance with Community Policy

[threepalms]

Yes, I am stupid enough to believe that anything is possible. KBG could be selling a few shares and maybe there is no need to sell anymore shares? Until management provides us an update it is only guess work. I think that Mega will surprise many in the coming months. I think KBG has the potential to surprise many in the coming months.   I think I will just hang on to my positions and wait

[adamweishahpt]

This post has been removed in accordance with Community Policy

[Dano6]

OH NO A clone of treepalm

[threepalms]

I am not buying it for one second. The posters here who continue to make statements that this company is dead in it's tracks cannot be that foolish. Any reasonable level of DD should allow one to reach a conclusion that there are some very positive developments close at hand here. If one applies the principles of good properties and experienced management builds mines then one has to realize

[hrattle]

Yes, I am stupid enough to believe that anything is possible. And you have confirmed that countless times. KBG has 67,500 MGP shares that they can offload - that's it. Until end of March when they can dump 3.6m if they want. They appear to have sold 315,000 shortly after they received the 3.6m from closing the Headway option. You guys post such garbage it is boring correcting it all the time.

[Dano6]

You base that on what?

[hrattle]

You base that on what?    Due diligence....duh! (Actually I don't really know what you are asking...) dano6 you need to be more specific...

[Dano6]

To me KBG sold all their share with Desjardins the last couple of weeks, do the math, from the house position posted.

[hrattle]

...KBG sold all their share with Desjardins the last couple of weeks... The 3.6m shares they received in Nov. are restricted - THEY CAN NOT SELL THEM BEFORE MARCH 23rd. No ifs or buts with this - IT WOULD BE ILLEGAL even to short sell and cover later.

[Dano6]

Went back to news and it seem that you are right but the math was there!!!!!

[threepalms]

Do not discount the reality that Jim knows more about Mega than we do. That reality will likely result in him delaying any further sell of Mega shares until absolutely necessary. My hope is that KBG holds a minimum of 3 million MGP shares until Mega gets taken out a few years from now. I suspect that both Glen and Jim have a few rabbits in their sleeves that they will set free before PDAC.