Mountain Lake Resources Inc V.MOA

Mar update.

[Ridgeback]

Looks like we are going to have to wait for federal approva on the Marathon deal. That would most likely mean we will see the 43-101 prior to new MOZ shares being listed. Who knows what the new shares will trade at?

If the above takes longer and the 43-101 comes out before MOZ list then I would expect MOA to be on the move to new highs.


Marathon PGM Corporation Obtains Court Approval of Arrangement with Stillwater Mining Company
Tuesday, November 23, 2010

TORONTO, ON and BILLINGS, MT, Nov. 23 /CNW/ - Marathon PGM Corporation (TSX : MAR) ("Marathon PGM") and Stillwater Mining Company (NYSE: SWC) ("Stillwater") jointly announced today that Marathon PGM obtained court approval of the plan of arrangement transaction with Stillwater on November 19, 2010.

Stillwater has received notice that the federal Minister of Industry did not complete his consideration of Stillwater's application in connection with its proposed acquisition of Marathon PGM within the initial 45 day period stipulated under the Investment Canada Act which expired on November 19, 2010. The notice indicated that the Minister will complete his review by December 19, 2010, or within such further period as may be mutually agreed between Stillwater and Industry Canada. As previously announced, if approval is obtained prior to December 21, 2010, the arrangement is expected to close in the fourth quarter of this year.

About Stillwater:

Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of the Republic of South Africa and the Russian Federation. The company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater can be found at its website: www.stillwatermining.com.

About Marathon PGM:

In September 2010, Stillwater Mining Company and Marathon PGM announced an acquisition agreement with Stillwater acquiring Marathon's platinum group assets and Marathon spinning out its gold assets to its subsidiary Marathon Gold Corporation. After the spin out, the Valentine Lake Gold Project will be the main focus of resource development while the Finger Pond and Baie Verte Projects will be exploration properties of Marathon Gold. Information on Marathon can be found at its website: www.marathonpgm.com.

[TheRock07]

Red Tape, thats what it is.Strategic moves might be afoot here ,related to that transaction.I agree with sans.I know of no advanced metal project ,with strong commercial latency , that is co-led by 2 equal partners.One will have to genuflect to Darwinian forces.MOA has its hands full with LR, and Glover's both of which are potential company makers.MAR's management team are moving en masse

[Cousin_Gert]

More and more reasons to own MOA. They are in the driver's seat.  In the short term, this MAR delay is apt to bring a higher % of interested buyers to the MOA 50% side of Valentine Lake. This is due to having to invest about 9 times as much to eventually get a MOZ share($4.50 in MAR gets you 1/2 MOZ share today along with the other stuff from their Stillwater deal). If anyone is

[Ridgeback]

I'm thinking the same thing. Looks like we can't time when the 43-101 comes out so MOA is looking good as an alternative. Both have something to offer. I just don't see MOA sitting where it is when the report comes out.I positively don't see MAR coming out in a low ball price range..

[TheRock07]

I fully expect that MOZ will trade at $2 upon open and in the absence of the 43-101.If that is released after MOZ begins trading , the trading range will jumpt to $4 which will be equivalent to MOA at $1.75 ( adjusted for the number of share o/s ).The only scenario in which two equal partners share the development of such an advanced project as VL is if they intend to sell the asset , after

[Cousin_Gert]

TR07..you got some nice big numbers here and ones that I will dispute(except perhaps for a couple days different in the timing). so why not go one step further with MOA and add a few more pennies, nickels or dimes for it's 3 other fine properties..LRiver Gold/Antimony actively drilling, GIsland Gold winter drilling planned for a 430101 and BPond Copper, etc already having a nice size

[chux02]

Why would Marathon Gold choose to release the 43-101 while they aren't trading?? As the operator, isn't that their call??Looks to me like we could see (some) antimony results from LR before that updated resource estimate for Leprechaun is released....

[Ridgeback]

Why would Marathon Gold choose to release the 43-101 while they aren't trading?? As the operator, isn't that their call?? ------------------------------------------------------------Material information it can not be held back,

[MudCreeker]

"Material information it can not be held back,"In theory that is absolutely correct.  No one would ever want to accuse management of withholding material information.However, when the draft report is sent to management, should they find a "t" that is not crossed, or an "i" that is not dotted, they surely are within their rights to send it back to the independent

[Cousin_Gert]

MAR may be muddling around due to regulatory issues and as a result MOZ may be a bit longer getting up and going...no matter over here at MOA...all is going just fine and opportunities to participate directly in Valentine Lake already are available...the 43-101 will be out soon and MOA is here to trade for shareholders' benefit. Waiting around for MOZ is not necessary for those wanting in....C