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Bullboard - Stock Discussion Forum Mountain Lake Resources Inc V.MOA

TSXV:MOA - Post Discussion

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Post by Cousin_Gert on Apr 28, 2010 11:23am

May Drilling

Gold is trading today at recent high of $1168/OZ.....Next week is May...drilling planned to restart in May was previously announced....last drilling(Jan to Mar) returned several holes with bonanza level gold results between 3 and 15 OZ/t ...from the 33 holes drilled, 30 reported good/great results...Wonder which direction MOA's share price is likely to go in advance of next program results...Up or down?...I have picked my choice...C.Gert
Comment by freemax2 on Apr 28, 2010 12:57pm
Cousin_Gertthe only way to go for MOA is UP !!When we consider this fact= the jv partner 50%-50%MAR. is at 4 times the share price of our MOA$ 2.20 mar for .50 moa  with the same amount of  outstanding shares issued !!!the first to benefit will be MOA ( undervalued ) the proof is the TOO QUIET HEREI LIKE IT SO MUCH time to accumulatefreemax2
Comment by JR5 on Apr 28, 2010 2:18pm
I'm trying to accumulate but it won't go low enough. Friday might be the last day to get in under 50 cents. I expect news very soon on the next drilling program. Won't be surprised if they hit more visible gold as they step out. Cheers,JR.
Comment by revelation182 on Apr 28, 2010 8:09pm
Just curious !Mining Executives operating in NFLD  who put their money where their mouths are and are purchasing their own stock """on the open market """..Are their stocks potentially worth owning ?Frank Castle (luxor's Cousin)
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