Mountain Lake Resources Inc V.MOA

By the Hemmer Jane

[TheRock07]

That wall at 82 keeps being rebuilt by the smaller houses of NS.
There can be only 3 reasons for this knee-capping.

Obviously, being preened for a TO, cheap paper from a previous PP being flushed out, or being  capped for yet another PP.

It dilutes rigorous reason to accept that this wall is cheap paper.
That leaves a TO.......which seems rather incongruent at this point in time.....or another PP.

 After doing 3  PPs in the past 12 months  of which two are still on hold and being carried by MAR on the VL drilling, I sure hope to blueberry jeesus that we are not now being restrained to feed the greed of those NS brokerages.

If that were the case, MOA management will have reduced a big hit to juke box status.

[Cousin_Gert]

In response R7...My feeling is that although I believe that MOA is significantly under valued(like it's about  1/2 price) there just are not quite enough buyers on any one day to tip the scale. I think that the trading today was actually quite healthy with 100k traded in a very tight range of $.80 to $.82...this is in fact right at the very top of any recent(over 2 years I think

[brianjames]

Hey Cous.....I agree with your assesment, that this is not really a wall of any kind considering it's actual "small" size when looking at the big picture.  My question would be more along the lines of "why" are they selling these shares at this price (and that many of them)?  I could see "some" selling to take "some" profits, but that's

[Cousin_Gert]

Hey BJ...of course it is impossible for anyone to answer your question directly for the couple of sellers of sizes today that you mentioned. Rarely I question sellers motivations as there are so many. Today for example the sellers were actually fairly well matched with the buyers. The stock did open up $.05 and traded within $.02 of that price all day. Volume was not great but was quite