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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Sep 11, 2009 1:27pm
304 Views
Post# 16297911

RE: Gold

RE: GoldBJ...I believe that most of the holders of MOA think this as well.(I'm thinking more like 5 or maybe 10 times actually). Little doudt that gold prices will eventually get people searching for a good junior that still is significantly undervalued. Even just a few new buyers will begin to make a big difference for MOA. The Little River news out today is certainly still grassroots, but with drilling coming early this fall, it could move to a real contributor to the share price. Then there is VLake which is currrently being drilled and results can not be too far off. Really hard to understand how a company with way less that 30MM shares outstanding and a 440,000 OZ 43-101 level gold resource can trade at such a low market capitalization....only about $6,000,000!!!....it should be valued closer to $60,0000(or $1.00 share) based just on this. At 440,000 OZ and todays gold price there should already easily be enough there for a very profitable mine. So any numbers from this drill program that show increases should attract the attention this company long deserves. A few thought...C.Gert
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