Post by
chux02 on Apr 16, 2010 5:50pm
All These Theories About Why This Stock....
isn't going..."anywhere" when to my mind I know exactly the problem here. The problem we have here is that the 43-101 resource estimate is out of date and doesn't show the correct(ed) amount of gold that's actually at the Leprechaun deposit there at Vlake. The day traders are doing this, the Goldman Sachs bogeymen are doing that...all conspiring to rip us shareholders of Mountain Lake off. I have no idea when the updated 43-101 is due out, they've made no mention anywhere when that may be and that's one thing I've been specifically looking for. They obviously know that with the 5 gram cutoff the final tally for the true and correct amount of ounces in the ground IS hurting them BUT then again Marathon is paying for everything and when the updated resource estimate does come out, NOTHING will hold this stock back then. IF there really is (other than that) now. If there's a big short hovering over this stock, that should be easy to find out about but I can't imagine anyone that would try and short this thing after the results of a great discovery have been brought forward like this. If there is a big short then I suspect someone is looking to....acquire Mountain Lake and the first suspect in that mystery would be their partner here, Marathon. Otherwise why would someone make a run for MOA and not for MAR?? They wouldn't.... But if I was looking to....acquire MOA, a low share price, especially after a major discovery, would be the perfect script. Barring all of this, I don't look for much here until that updated 43-101 arrives....whenever that's gonna be.
Have a great weekend everyone!!!
Comment by
chux02 on Apr 16, 2010 6:15pm
And OF COURSE, there Mr. Marathon, I'd galdly sell my shares in MOA either on a one for one trade for your much more valuable Marathon shares, currently about $2.34 . Or say 2.75 a pop. Yes...that's sounds like a fair deal to me!! When and where do I sign??