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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Aug 17, 2010 9:10am
419 Views
Post# 17356474

RE: RE: What Gives???

RE: RE: What Gives???I agree JR...this is getting fun as well as exciting as News Release after News Release multiplies the tonnage potential at Leprechaun Pond. You mentioned the $4000/ton value from the rock from hole 205(and the other 14 holes now recorded in the "Heart of Gold"). To really get the full impact of this you should have also mentioned that this is from a core length of almost a 100 feet!! To appreciate the size of this $4000 high grade tonnage area, imagine a ten story high apartment building. The picture then really begins to sink in.

On top of all this, the drill map is giving a very strong indication that the mineralized corridor has stretched to 2km or more.  It almost all releases they keep "sneaking in words" to the effect that so many of the results being reported are "outside the area" on which the old 43-101 was made. This is even more significant when it is realized that the old 43-101 "threw away" all core results that were "less than 3 metres in widths and/or less than 0.5gpt". Just redoing what was already known back then would have to multiple the the tonnage and OZ significantly. Now add to this the "outside of the area" new holes, and it is no wonder stories like were just written by "Proactive" are rapidly gaining so much attention. All I can say is I hope MGMT can protect VL from any takeovers until they have built in the full potential of a large tonnage high grade resource into the share price...C.Gert
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