Will MPJ ever find anything ?, page-16

Welcome to 2016 everyone and let us hope it is MPJ's coming out year!!

Did some arithmetic the other day and it seems MPJ are through 2916m of their 5000m program, about 60% complete if you like percentages....plus having other costs like ORTL9, (still a mystery hole), plus the extra DHEM's.

I recall there was talk about some government money coming in too, so every bit helps.

Aussierat, I have no orders on at all at present in MPJ. Did pick some up at 0.004, but not many. Now there are sales at 0.003. I would only jinx it if I tried to buy at 0.003!! ... so will sit with the current hand dealt.

If MPJ strikes something soon then the MPJO's will be brilliant, but if not they will be worthless on 30th June. (To state the obvious). As time shortens, the risk profile increases dramatically. Every week less now is more significant with 26 weeks to go than it was when there was 18 months to run.

With a multiplicity of targets over 40km, they get to spend a little money at each rather than concentrate too heavily in one spot except at the original Talc locations where they had some focus. Fortune does not appear to have been excessively kind to MPJ so far, but the recent "extremely exciting development" comment by Neil is intriguing.!! Some in-depth explanation of this comment would be good to hear. Their essential geo-knowledge base is building, which is worth something.

Was chatting to respected friend yesterday who is very knowledgeable in Nickel and his business associates are even more so... and he said that the price of nickel would be double by end-May. A very big call. The way he said it made me think it was fact more than a prediction.. but it isn't fact. Even 50% up would be nice. Not that it would directly affect MPJ, unless MPJ had some nickel to start with, even in the ground ! .... but interesting to hear it said anyway.

As each hole is completed, the understanding of the area increases.

Wait and see I guess. Any need for more money will be anticipated and actioned. They will not run out and then act, obviously. So at some point soon one might expect a raising. Maybe even a new class of long options issued.

Because some staff at MPJ are getting partial payment in shares at a previously agreed price, they are hurting a bit too with the SP low. They are "selling" their professional services at a significant discount to what they could potentially receive if they were out in the market.

Top tenements, top management and a technical team who are doing their absolute best to pull that rabbit out of a hat.... what more could one want? oh yes, a Big Nickel find.!