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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by washerwomanon Mar 23, 2012 11:21am
189 Views
Post# 19709786

RE: When can we expect the offer

RE: When can we expect the offer

That may not be such a joke. The most likely reason for the delay is poor results and massive incompetance, however another reason for a news blackout is that a sale is being negotiated. The falling stock price strongly indicates the drilling results are poor, however MOA and MOZ  have a history of NOT leaking news before a takeover. There was absolutely no unusual rise in stock price before the Stillwater and MOZ deal.  Furthermore, MOA has not said anything about actively looking for another CEO to replace Woods.

WW

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