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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Mar 02, 2011 1:25pm
324 Views
Post# 18219983

RE: RE: Turtle

RE: RE: TurtleRB...respectively I think you are way out on this one. MOZ/MOA are just starting up in the $6MM/25,000m 2011 drilling program. So far there 1st 3 NR's(way less that 10% of their program) have confirmed lots more gold is being found in almost every hole.

I do not think you have yet appreciated the significance of hole 246 reported today. This is a new high grade lens that has just been identified and will now be the focus of targeted drilling. I believe that the next 2 NR's are likely to be at a level that will attract some serious new interest from the "money" people.... #246 returned an exceptional width zone of about 120 ft of 3.75gpt with a  wide rich centre of nearly 20gpt. Add to that the possibility of Valentine East hitting wide zones of minable resource for a second open area on the property and the possibility that the LP deposit could stretch all the way to the Sprite showing about another 1km to the NE  and you won't be waiting for a new 43101 to be adding value. Also you may soon need to be separating MOZ from MOA in that MOA has 2 other active Nfld properties(LRiver Antimony and GIsland gold) with their potential to attract attention. So, I suggest you are not reading the tea leaves properly. Of course, time will tell...C.Gert
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