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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Sep 20, 2010 4:55pm
226 Views
Post# 17470807

RE: By the Hemmer Jane

RE: By the Hemmer JaneIn response R7...My feeling is that although I believe that MOA is significantly under valued(like it's about  1/2 price) there just are not quite enough buyers on any one day to tip the scale. I think that the trading today was actually quite healthy with 100k traded in a very tight range of $.80 to $.82...this is in fact right at the very top of any recent(over 2 years I think) closing price.

Yes there are a couple sell orders logged, but I do not see this at all as a wall. These few have been trying to sell for over a week and part of them went today. I feel that the wall that you see is just a little speed bump to go over and as such just slows things down a little bit(a few days). The VLake numbers are just too strong for a small amount of shares like this to be there much longer. They will be gone soon. So in short I do not support your 3 current possibilities and think that rather normal trading is about to lift the price to the next level(well over $.90?), hopefully before more drill results are released....C.Gert
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