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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 Nov 08, 2010 10:44am

Market

Current price and low offer is now $.93.  Based on the trading activity of the last 5 weeks it now appears that the sellers of MOA are becoming few and far between and that the buying interest is strengthening. With a formula like this MOA seems poised to skip quickly through the $.90's and and begin a new trading cycle well above $1.00...my thoughts, C.G.
Comment by dcully on Nov 11, 2010 3:44pm
Just working through the angles here.... I've seen several mentions of the price doubling when the 43-101 gets released. I'm expecting over 1 million OZ  probably approaching 2M given the original 43-101 being reclassified for open pit operation, combined with the excellent drill results.  I'm wondering if the 43-101 is a trigger point for a price increase or does it take ...more  
Comment by JR5 on Nov 11, 2010 4:24pm
Little River has that potential and they would apply for at least a 10000 ton bulk sample program. Just something one company did that I owned years ago. VL needs to get some paper work in place regarding ownership.Cheers,JR.