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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by TheRock07on Sep 08, 2010 6:36am
237 Views
Post# 17423119

Bobby's Pond Asset

Bobby's Pond AssetI see what you mean.

Bobby's Pond polymettalic deposit has about 2.3 million tons in its 43-101 and contains sufficient copper, silver and gold bycredits to make the base metals economically atttractive

The vertical orientation of the deposit, the favourable metallurgical characteristic, and the fact that high grade mineralization comes to surface all bode well for the economic potential of the deposit.

There's enough mineralization already defined at Bobby's to extend the Duck Pond mine by 3 more years.

RIC ,with its 70 % ownership of VL under earn-in, is driving the stagecoach.
Its protege, MOA who owns the other 30 % enroute to 50 % , is riding shot-gun.
MAR is the supplicant.

One wonders, if VL continues to expand into a world-class deposit, whether RIC might attempt to shove MAR out of the action.

Afterall, RIC's growth profile as a gold producer remains constrained and The Rock is its favorite production region.

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