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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Jun 03, 2010 10:11am
244 Views
Post# 17153939

RE: RE: RE: RE: 5.5 nis for 1 moa...even more

RE: RE: RE: RE: 5.5 nis for 1 moa...even moreI will also note that so far not one shareholder of MOA has tried to sell MOA shares as a flip into NIS. This to me shows the strength of MOA. I do believe that most holders understand that MOA remains seriously undervalued based on the VLake gold property's near term open pit potential. I keep recalling the TD analysts note that indicated 50% of the property at this stage of development is already worth $50Million. Using that number with today's outstanding shares, and you get a share price of $1.40. This gives absolutely no value to all of MOA's other fine properties assets...C.Gert
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