Mountain Lake Resources Inc V.MOA

Will Marathon Gold and MOA merge??

[MrBigger]

will be interesting to see how all this plays out in the next several months.  Any theories from the board?  Hard to get a handle on where Marathon Gold will start trading with 18 million shares in the float.  Especially if the new resource #'s are out, although perhaps that will clarify the situation. What value per ounce of gold in the ground should be assigned to the resource when the report comes out? $50/$100/$200?? The gpt grades are pretty good as is the recovery %  of gold tested to date.

[Cousin_Gert]

Mr B....Your post  asked :  "  Any theories from the board?  Hard to get a handle on where Marathon Gold will start trading with 18 million shares in the float.  Especially if the new resource #'s are out, although perhaps that will clarify the situation. What value per ounce of gold in the ground should be assigned to the resource when the report comes

[Cousin_Gert]

Math for profit in previous post for after Cap Cost payback was based on just a life of mine average gold of just $1,000/OZ not current market prices of over $1,300/OZ!!...C.Gert

[dshmd50]

" MAR will likely have 22MM shares out within a month of new listing(before year end 2010) due to needing to cash up for an aggressive winter drill program at VL....there will be lots of interest from big names wanting to get in early on their first PP." a very interesting and ?prescient remark C_G. From the September/2010 Marathon NR regarding Marathon Gold's formation: - the

[chux02]

Seems to me that the first drill results from Little River COULD be here before any updated resource estimates for Leprechaun. The drilling starts there "at the end of October" so, depending on how long it takes for each hole, it wouldn't be hard to imagine drill results well before the end of November from some of the first holes drilled. Should those assays come back heavy

[MrBigger]

Keep in mind that Stillwater has the right to aquire 15% of Marathon Gold at the time of the 1st private placement. So relatively "big" US/Russian company money will be involved in this tiny junior. Maybe they liked what they saw at Valentine.