This is a link to a podcast presentation made in Nov. 2009 at the Chicago Natural Resource Conference which I attended. Here, "new" CEO James Rodgers discusses Mega, the company, his personal background and that of the company BOD as well as the company's ongoing Red Lake projects. Note his comments about the conceivable potential of the Headway project at Red Lake Ontario. During his presentation , Rodgers talks about two planned drill holes requiring six months to complete ( down to 9000 feet deep) to determine Headway's potential. Those holes begun last summer, are now near completion and the company should know within the next two to three months whether or not they "have the goods" in the form of an extention onto their property of Goldcorps deep high grade zone.

http://www.viddler.com/explore/chicagoresource/videos/9/

Also, note that during this presentation , no mention is made of the Monument Bay Project, since that project was acquired later.