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

TSXV:MOA - Post Discussion

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Post by wefe5433 on May 15, 2010 9:52pm

new to MOA

I'm new to MOA (and mining stocks in general). I bought some MLKRF on the recent dip.I'm glad I discovered these boards, as there is no activity onthe Yahoo msg boards. I learned a lot by going back and reading almostall the posts here. Even though I am a neophyte to mining stocks I am really excited about the potential of Valentine Lake. I know I'm just repeating what has already been discussed here, but I like the potential to go from 500k resources at 5 g/t cutoff to 1M+ at a lower cutoff. I like that an analyst estimated Marathon's 50% interest was worth $50 million, which is 3x MOA's current market cap. I posted my thoughts on MOAon my blog:

https://wefe5433.blogspot.com/
Comment by Cousin_Gert on May 17, 2010 8:05am
Hey 5433, you may be new to the BB's here, but you got a good handle on the this developing story very quickly, which is the move from 5gpt underground operation to .5gpt open pit for a resource that has gone for 500k OZ to what could easily be many multiples of that and all in a much lower cost(and higher gold price) environment.,,,C.Gert