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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton May 16, 2011 4:12pm
214 Views
Post# 18583970

RE: Opinion on MOA

RE: Opinion on MOAHey WW...nice to see a well thought out and new perspective(focusing on the go forward positives). Suggest you do a bit of work on the $70/OZ estimate for a 600OZ and growing deposit in a friendly Canadian mining Province.With stong gold prices having stayed well above $1200/oz, I could easily see this as being double at this stage, with a potential of going to $200 to $450 after the Qt 1, 2012 Preliminary Economic assessment(depending on the NPV #'s etc)...I am sure you will well remember how well MOZ(old MAR) did when they set up their Marathon PGM project for a takeover.
It is getting harder and harder for the bigggies to find multi million OZ deposits and this is forcing up the price for those in the 600k/OZ to 1.6MM/OZ range that intereasts the mid-tier producing group....MOA has this potential plus all the upside you have mentioned on their other properties. How many other Juniors do you know that are going to be actively drillin on 3 Canadian based properties all with in the next couple months??? Surely it will not be too much longer before this sucky share price will be history and hopefully forgotten about in a booming growth cycle...C.Gert
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