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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by dcullyon Nov 11, 2010 3:44pm
219 Views
Post# 17694600

RE: Market

RE: MarketJust working through the angles here.... I've seen several mentions of the price doubling when the 43-101 gets released. I'm expecting over 1 million OZ  probably approaching 2M given the original 43-101 being reclassified for open pit operation, combined with the excellent drill results.  I'm wondering if the 43-101 is a trigger point for a price increase or does it take something like a decision to build a mine to start the price rocking. Trying to gauge the next entry time...  The gold appears so close to the surface in good volume in the heart area, a few guys with backhoes and a truck could spent a profitable weekend in the bush. Any prospect for them proceeding with a 1000 or 2000 ton test batch to generate some cash and a bit of buzz?
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