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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Bullboard Posts
Post by Cousin_Gerton Aug 02, 2007 10:04am
201 Views
Post# 13190714

Crazy

CrazyMOA's share price absolutey is not reflecting the asset values. Following is today's latest that shows this from just one of their 4 very active properties. MOA's upside potential is extremely high as has been pointed out recently on the BB's. I believe the 5.3MM shares the MOA owns of ED alone will soon, as a minimum, double the share price once the reality of the IPO gets media play. BPond and the new Cornerstone Zinc/Copper/Lead property in Newfoundland will soon be realized by larger players that a producing operation will be developed. Then there is the following clip from today's NR from RIC's latest financial filings to sink your teeth into. I have contended in the past on the BB'c that this property will deliver a richly graded minable resource of 1MM oz. It already has a 43-101 for 359k's... "During the first half of 2007, the company launched a large exploration program at Valentine Lake in Newfoundland in order to define new resources and to acquire a 70-per-cent interest in the property through a final commitment of approximately $1-million in exploration that must be made before Oct. 31, 2007. During the six-month period ended June 30, 2007, expenses of $238,396 were incurred. A high-definition helicopter-borne spectrometric and magnetic VLF survey was performed during the month of June, 2007, which defined numerous targets with high mining potential. Diamond drilling is set to start in the first week of August, 2007." Note the statement: ..."with high mining potential"...C.G.
Bullboard Posts