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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Post by washerwomanon Apr 10, 2012 5:27pm
245 Views
Post# 19777918

Financing

Financing

The MD&A for Mar 31 is posted at SEDAR. One interesting comment regarding Little River was that they were in "preliminary talks" with several Antimony focused companies. There is a slight chance they may negotiate a JV that earns them a million or so and delay the need for immediate financing. I personally don't think it is likely, but it is possible. I think the management made a serious mistake when they didn't fully finance 2012 before Christmas. Even so, MOA is undervalued compared to MOZ and not even close to it's fair value.

WW

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