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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > first nation dispute?
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Post by endgamer on May 24, 2014 10:53am

first nation dispute?

I recently purchased some shares in this company before realizing the dispute with first nations. These kinds of disputes make me nervous. I hope a resolution is in the works, we have something special here. I'd appreciate any comments on this. Thanks ,looking forward to some more shallow high grade results.
Comment by Flopticalcube on May 24, 2014 11:06am
This is the latest from what I can gather. Reading between the lines, they want more locals employed (with transport to and from the FN village). I suspect if Mega throws them a bone like an NSR or something, the dispute will dissolve. https://www.thompsoncitizen.net/article/20140509/THOMPSON0107/140509976/-1/thompson/red-sucker-lake-first-nation-opposes-extension-of-mineral-exploration
Comment by Joyce1952 on May 24, 2014 11:17am
I agree 100%. Hope both sides can be reasonable. Coming from Yukon, my experience is if mines get First Nations involved, they will have buy-in and be supportive.
Comment by endgamer on May 24, 2014 12:00pm
thanks for the response.Looks very promising!
Comment by altcar3 on May 24, 2014 1:45pm
The potential dispute is holding the stock from being traded at it's fundamental value....anything hinting at a potential resolution would attract capital to the project.....the sooner the better....
Comment by cimetals on May 25, 2014 9:16pm
the FN in the area support the project as well as the province of Manitoba. The Northern miner is a good overview of the project. Northern Miner: Mega Precious Metals Inc. goes monumentalhttps://www.northernminer.com/news/site-visit-mega-precious-goes-monumental/1003049242/ MONUMENT BAY, MANITOBA — Make no mistake about it, Mega Precious Metals’ (TSXV: MGP) Monument ...more  
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