Mountain Lake Resources Inc V.MOA

Property is a Steal

[Cousin_Gert]

Look below and decide which property, Clifton's($4.75) or MOA's ($.53) is likely to have the better resource(compare the numbers from last 4 NR's for each company for example) and ask yourself why the share prices are so different? Clifton's is in a very good mining district and so is MOA's.  I think it is just a matter of time before MOA starts to be seen as the most undervalued gold proprty going and the share price begins to multiply.

Look at the kind of money Osisko is spending to earn it's 50% interest...crazy amounts for the numbers they are returning(and the depths they are at). VL appears to outshine this by a long way. I think it is a very good thing MOA has a "shareholders Rights" plan in place because this property is a Steal  at current valuations.

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"Osisko has the right to acquire a 50% interest in the Duparquet project in consideration for (1) total exploration expenditures of $70 million from 2010 to 2013, and (2) extending loans to Clifton to fund option payments on the property of $8.5 million for 24 months and $22.5 million for 36 months. These loans would carry interest at 5% and can be converted into stock at Clifton's choice. Osisko had also extended a $6 million credit line to Clifton, to be drawn prior to January 1, 2010, which was not utilized." 

Beattie-Donchester Drilling
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Hole No.      Section    Az./dip  From (m)    To (m)  Length (m)    Au g/t

BD10-133      630900E       N/60      99.2     119.0        19.8      1.29
And                                  305.5     310.0         4.5      1.61

BD10-139      630500E       N/60      78.0      93.2        15.2      7.69

BD10-147      630000E       S/70      52.3      77.5        25.2      7.54
including                             54.0      55.5         1.5     87.80

BD10-149      630900E       N/70     196.0     211.0        15.0      1.20
And                                  372.1     385.8        13.7      2.85

BD10-156      630800E       N/60     317.5     326.0         8.5      2.14

BD10-157      630800E       S/60     137.0     149.7        12.7      1.84
And                                  270.0     283.0        13.0      3.66

BD10-158      631200E       S/60     240.5     248.4         7.9      2.49

BD10-160      631000E       N/60     173.0     203.0        30.0      0.91

BD10-163      630000E       N/68     206.0     215.2         9.2      0.95

BD10-167      630600E       N/60     269.5     307.5        38.0      1.51

BD10-168      630800E       N/60      13.0      37.0        24.0      3.96
including                             34.5      35.5         1.0     22.80

BD10-170      630800E       N/60       4.0      23.5        19.5      1.65

BD10-177      630300E       N/63      73.0      87.5        14.5      1.66
And                                  425.5     443.5        18.0      2.30

BD10-178      630300E       N/70      92.0     105.5        13.5      2.24

BD10-179      630300E       N/80     102.5     117.0        14.5      1.61
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 Drill holes BD10-155, BD10-159, BD10-161, BD10-162, BD10-164, BD10-165, BD10-171, BD10-172, and BD10-174 to BD10-176 did not intersect significant mineralization. Results for holes BD10-166, BD10-169 and BD10-173 are pending.
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C.Gert