Mountain Lake Resources Inc V.MOA

Simple Math

[Cousin_Gert]

440,000 oz times an in ground value of just $100/oz equals $44,000,000 or roughly $1.40/ share for MOA. Even cutting in ground price to a ridiculous number of $50 would make MOA's shares worth $.70...C.G.

[PhaTCaT007]

Your simple math is paying dividend and enlightening us to the path before us. Hopefully even with the low trading volume we will see an appreciation in the share price over the coming weeks and months bringing us into the 0.70 trading zone. That would provide substantial gains from today's prices.Future is bright and we will see where she goes. With gold trading higher and higher and even