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

TSXV:MOA - Post Discussion

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Post by violetb on Aug 18, 2010 7:44am

sp

May have more to do with the CEO comment in the papers a few days ago that it would take 4 years for the mine to be built.  In my opinion this suggests to me that MAR. may slow things down a bit to focus on some of their other projects. 
   Of course things may change when the numbers are  redone and they may focus on the cash cow since the other MAR. projects will be very expensive.
   I have held this stock for a very long time and it has produced nothing but pipe dreams and this includes the Diamond properties that they held.
   Now we finally have a project that is viable and should produce a lot of cash flow, what we need to hear from the company is that when the money starts rolling in, are they going to pay a dividend.  A dividend would get the markets attention in a hurry.

Just my humble opinion.

Cheers!!!  Peter
Comment by revelation182 on Aug 18, 2010 12:50pm
Fast tracking in the  old days Polaris Mine ( North Pole )!JS Redpath drove the decline down in record time  ...early 70's  Advance 40' /24 hours ( 3 boom air jumbo...2 yard scooptrams..13 Ton UG haul trucks)Mill was constructed in 3 Rivers Quebec Placed on barges ...Hauled up to the mine site ( interesting voyage ) Total elapsed  time to production 100 days ...more  
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