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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by truck8256on Apr 08, 2012 11:20am
262 Views
Post# 19769569

RE: double bottom at 30 cents ?

RE: double bottom at 30 cents ?

T/A is sort of useless on these explorco's. There is nothing to indicate a turn around technically, in fact there has been nothing but bearish events (technically speaking). The only upside is MOA Book value is .34/sh and were at .30/share.

NO mine gets built under a million oz. Even hitting the magical number is no guarantee a mine will be built. So we will languish for the next 18 months till the resource proves itself, or someone takes us out, or we have to raise money.

Promotion, timely communications  and results are the only way to bolster stock price.

It still comes down to investor confidence in management. The price reflects that confidence. 

Still holding a hatfull.

GLTA

 

 

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