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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Aug 29, 2011 7:21am
310 Views
Post# 18988605

RE: C..GERT..future share price?

RE: C..GERT..future share price?D45 - A possible future price of $8:00 is way too far away to be thinking about. In the past, I have seen $4.00 as possible within a foreseeable time frame. This price of course will be influenced by the strength of the share price at each "financing point" along the way. If managed properly and larger financing are made at times of strong share pricing, the $4.00 target may be achievable as early as Q3/Q4 2012. This of course also depends on continued strong gold prices and a fast track open pit production plan being developed for VLake subsequent to a Q1 2012 Preliminary Economic Assessment(PEA)...here's hoping, C.Gert
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