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

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > MOZ valued at .92 at close
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Post by MrBigger on Nov 18, 2010 4:56pm

MOZ valued at .92 at close

today. Same as MOA, what were the odds of that. LOL
Comment by philipitus on Nov 18, 2010 7:48pm
?????  Does MOZ exist already somewhere??
Comment by MudCreeker on Nov 19, 2010 12:10am
"Does MOZ exist already somewhere??"Inside MAR.An MAR share will shortly become $1.775 + .112 SWC share + .5 MOZ share.  MAR closed at $4.38.  SWC closed at $18.97 US = $19.44 C.  So that half share of MOZ is worth $4.38 - $1.775 - .112*$19.44 = $.427, making a whole MOZ share worth $.854.  I guess one of us made a mistake somewhere - I'm not sure how he got $.92 ...more  
Comment by theCurse on Nov 19, 2010 12:13am
No, but you can calculate the inferred MOZ value...though there surely is some discount in risk of SWC as well as the US/CDN currency.MOZ = [MAR - (SWC * US Exchange * 0.112 + $1.775) ] /0.5= [ 4.38 -  (18.97 * 1.02 *0.112 + $1.775) ] /0.5= (4.38 - 3.94) / 0.5= .88 Probably used a different US $ exchange rate to get 92 cents.tC
Comment by Cousin_Gert on Nov 19, 2010 8:06am
MC'er... you wrote:"The problem is that to get that $.85 share, you have to put up $8.76 for a couple of weeks."I am sure you know, as most other here likely do as well, that for that $8.76 you can get nearly ten times as many of MOA shares. This not only gives you the equal 50% at VLake, but an interest in their 100% holdings of 3 other properties..LRiver(Gold/Antimony ...more  
Comment by MudCreeker on Nov 19, 2010 6:59pm
"I am sure you know, as most other here likely do as well, that for that$8.76 you can get nearly ten times as many of MOA shares."Yep, I'm aware of that.  I've looked closely at MOA since MAR got involved in VL.  It will be interesting to see which of these two turns out to be the better investment in the long run.Obviously, we're all entitled to our opinions.& ...more  
Comment by chux02 on Nov 19, 2010 8:38pm
Of course there's a word that could change everything you wrote and that would be:AntimonyAlso, I think that the more gold this upcoming resource estimate shows, the more danger these two companies are from being swallowed up by a larger gold mining company. MOZ could possibly be one of the shortest lived companies in Canadian mining history, should they and MOA get bought out. This ...more  
Comment by chux02 on Nov 19, 2010 8:59pm
The 3 main things to remember:1. The share price SHOULD go up big upon the release of the upcoming, updated 43-101.2. The share price COULD go up big on good Sb assays from the current drilling at Little River.3. The share price WILL go up BIG IF they or their project should be bought out.Am I forgetting anything??Good luck everyone!!!
Comment by diadon1945 on Nov 19, 2010 10:28pm
Should we expect both the updated 43-101 and some Little River drilling results in the first half of December?
Comment by chux02 on Nov 19, 2010 11:37pm
I'm looking for the 43-101 the day after Marathon Gold starts trading or shortly thereafter, to be truthful. And as far as drill results from Little River, you would think that from judging by past experiences with MOA and their drilling, that as soon as the first assays are ready, they release them. I don't know how deep they're drilling or how many holes they have planned but yes, I ...more  
Comment by MudCreeker on Nov 20, 2010 2:57am
"Of course there's a word that could change everything you wrote and that would be: Antimony"Of course a significant find on any of the other properties that either of these companies owns would change the equation completely, and like I said, MOA's other properties are more interesting than MOZ's in that respect (at least IMHO), with the current exploration action going on ...more