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Bullboard - Stock Discussion Forum Mountain Lake Resources Inc V.MOA

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > MOA comparision re:Fraser Mackenzie MOZ report
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Post by Cousin_Gert on Mar 12, 2012 9:24am

MOA comparision re:Fraser Mackenzie MOZ report

In a search this morning I found this link below which was an updated report on MOZ dated Feb 2, 2012 ....it was done when MOZ was at $.88 in the market and has a strong buy recommendation with 12-18 month target of $3.50...It says the real driver of the share pricing target is Vlake with $100 for in the ground OZ being used.

So a quick look as to what this would mean for MOA with less that twice as many shares outstanding as MOZ and the likelihood that Glover Island(100% MOA) will have more 43-101 attributable OZ than MOA's Golden Chest - a rough calculation would approach $2.00 for a MOA share....this is based directly on FM's $100 in the ground gold valuation....

https://www.frasermackenzie.com/newresearch/MARATHON/QUICK_NOTE_MOZ_Starogiannis_020212.pdf

C.Gert

Comment by JR5 on Mar 12, 2012 7:24pm
Thanks for the link to the report. Its still a waiting game and any bodies guess as to how much gold will be in the report. One other thing that sets us ahead of MOZ is Glover Island where the drill results indicated a fairly uniform structure rather than narrow veins. The numbers could come in substantially higher than Golden Chest. Possibly why the ratio has been narrowing. Certainly expect ...more  
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