Some MOA Covereage By Pinnacle Digest
Anybody see this?
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MOUNTAIN LAKE RESOURCES
Pinnacle Digest: Mountain Lake Resources: Assay Results
12/14/2006
Dec 14, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Mountain Lake Resources (TSX-V: MOA) had a solid day in the markets Wednesday as shareholders witnessed a 5.13% increase in share value following the exchange of 257,200 shares before the sound of the closing bell. In a month to month comparison Mountain Lake's share price has gone up almost $0.10 since November of 2006. PinnacleDigest has decided to investigate the relationship between the zinc sector and individual companies such as Mountain Lake Resources. We felt it important to discuss the events that shape the industry today in the article below. To find out why our client base continues to grow, come explore www.pinnacledigest.com.
The market for zinc is very hot right now, and drawing attention on a global scale. Whenever supply becomes an issue and a commodity gets hot, takeovers and mergers are quick to follow. Its common that a company not situated in a favorable position to reap the benefits of a mineral or metal will do whatever it takes to get in. PinnacleDigest is focusing on breaking news that involves Australia's Zinifex and a Belgian metals firm, Umicore. On Wednesday these companies announced they will be combining their zinc smelters. The combination of these two companies will create the world's largest zinc metal producer in Zinifex. Its share value did increase substantially Wednesday and is up over 250% on the year.
According to representatives, the company recently reported that the latest assay results from the current drilling program on the Company's 100% owned Bobby's Pond base metal (zinc-copper-lead-silver-gold) project are in. The Company has marked a historic event by intersecting an unprecedented core interval with the highest zinc grade ever returned at Bobby's Pond. Hole MOA06-013 returned 44.4% zinc over a 0.50 meter (1.6 foot) interval between 65.74 and 66.24 meters. Based on drill core studies, this exceptional occurrence suggests that potential for additional high grade zinc is occuring near the surface. Our research team is interested to see what becomes of this program and how it will perform in the New Year. To continue this read and to follow up on Mountain Lake Resources come explore www.pinnacledigest.com.
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C.Gert