Mountain Lake Resources Inc V.MOA

Solid finish @ 0.27

[PhaTCaT007]

Nice move at the end of the day.

According to IR, there should be some announcements this week about the future of this company. Judging by the complete lack of resistance, any news will move this stock through the stratosphere.

No one is selling and the float is tiny, therefore a little bit of excitement will take it a long way.

PhaTCaT

# Orders	Board Lots	Bid	Ask	Board Lots	# Orders
2	50	0.200	0.315	12	1
2	20	0.195	0.320	14	2
2	60	0.190	0.330	15	1
1	20	0.180	0.370	35	1
1	12	0.160	0.485	8	1

9 Feb 2009 19:07 PM ETReal-time quote TSX Venture

[Cousin_Gert]

Thanks PC. Yes I noticed the increasing interest. Looks like those who want in better soon get their bids on the board. I am sure there must still be a few sellers around, although really there were never too many shares traded at these lower prices. Soon the cheap shares will have been rolled over and it will take higher and higher bids to encourage the sellers. MOA's drop came from a good

[PhaTCaT007]

For sure, positive news will move this stock back into its previous trading ranges and as you said there has been a stock roll-over at the lower prices. Most people seem to have held on and not sold at these levels though. I have been fortunate enough to pick up a bunch for around 0.15 which is a nice average to have these days. We will see soon what transpires, but I have been assured that news

[Cousin_Gert]

The last corporate update was also interesting in that quietly tucked in the release was the first words about a "New" discovery at Little River. It is companies who can get out on the ground with some old time prospecting who actually come up with the big new finds. Just think of the work in Northern Canada that in just a very few years made Canada one of the largest Diamond producers