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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Bullboard Posts
Comment by Cynical6on Aug 08, 2003 12:31pm
312 Views
Post# 6308536

RE: Don't worry

RE: Don't worryYou calculate a value of $2.00 oer share for MOA... apply a 40% discount for being in Africa and a further 40% for an alluvial operation, and voila! we come up with $0.72, the current market price. This would seem to be the valuation formula "the market" is applying to MOA.
Bullboard Posts