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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > Don't Let Yamana STEAL Our 5 Million Ounces of Gold
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Post by Traylblaze on Apr 27, 2015 9:33am

Don't Let Yamana STEAL Our 5 Million Ounces of Gold

For a few pennies. Why are so many investors buying MGP? Because they know there are better offers coming. At this point only the bankers who had insider information will make any money on this deal.......VOTE NO!!
Comment by Miran on Apr 27, 2015 9:47am
I am suspecting that there will be competing bids. Glen has indicated that there were numerous companies going over the property over the last months. The news is out and I am certain that one or more of those know the potential value and will submit an offer greater than YRI. I am certainly voting NO!!! I dont really care if the deal doesn't happen and it drops back to the 4 CENT level, I ...more  
Comment by threepalms on Apr 27, 2015 10:05am
I think that what this deal supports is the argument that has been made here for some time. Mega is the real deal. This MB project has the potential to be one of the largest finds in Canada in many years. I suspect that there is a possibility of a second offer emerging but we must be realistic and realize that this industry is in shambles thanks to the cartel wanting to tarnish the appearance of ...more  
Comment by Traylblaze on Apr 27, 2015 10:19am
There are millions of share trading hands. I'm confident another offer or two is imminent.  Patience......
Comment by Charlesp on Apr 27, 2015 11:54am
This post has been removed in accordance with Community Policy
Comment by hrattle on Apr 27, 2015 11:44am
3P I have to agree there is nothing like reading (listening to) Bill Holter to cheer you up. I've picked one of his recent quotes, which hopefully brings a smile to all: "Holter predicts, “We will be in marshal[sic] law by this time next year,” (someone tell him that it is MARTIAL - coming from Mars, the God of war). I'll remind you of this in April 2016.
Comment by Minefinder1 on Apr 27, 2015 11:47am
Pinetree and Inwinstosh desparate for cash and about to screw over the average investor here by making this one of the cheapest deals on a per ounce basis in Canada according to recent article from ex-Northern Miner writer Gwen Preston (Resource Maven). Truly a sad situation for all but they likely have the votes to carry the day.
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