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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by theCurseon Mar 24, 2011 12:14pm
185 Views
Post# 18334759

RE: trade

RE: trade
One on-going problem with MOA is that they have no one seemingly backing them.  most other juniors have somebody that is willing to come in and cross out a large seller....usually at a discount to the current trading range.  We've been through ~2 large sellers and it appears ~2 more in the works....and just the little retail guy is left to clean these sellers out.  it ends up taking forever and ultimately beats up the stock - adding more than just short term damage and causing more shareholders to give up...catch 22.

We *never* see large crosses getting rid of these sellers.

and to add insult to injury...Gold hits an all-time high today.

tC
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