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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by TheRock07on Sep 30, 2010 2:55pm
279 Views
Post# 17513537

RE: Beaver Brook - What a Bargain!!

RE: Beaver Brook - What a Bargain!!Yes, and they would have paid a hellava lot more today and into the future.

However, very  little of Little River's latent value is shown in the current market cap of MOA.
Indeed, neither Bobby's nor  Glover's significantly enhance the market cap either and one can rightly argue that we are vastly undervalued for our WI in the VL discovery.

Unless we monetize one or more of these fine projects, they will continue to be partlally hidden under their bushel.
Monetization can take several forms...........outright sale, spin-out JV etc.

One approach is to retain the VL assets and Glover' while spinning out Little R and Bobbys into a separate public company.
This should unlock much of the latent value of these  two  projects while MOA senior can focus on VL and developing GI.

Soon, another great property in Central Nl might be up for grabs................................
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