Mountain Lake Resources Inc V.MOA

MAR/MOZ News

[Cousin_Gert]

Today is MAR's last day and tomorrow is MOZ's first day...C.G.

Marathon PGM delists from TSX

2010-12-01 21:38 ET - Shares Delisted from TSX

Marathon PGM Corp. will delist from the Toronto Stock Exchange at the close on Thursday, Dec. 2, 2010. According to a Nov. 30, 2010, news release, Stillwater Mining Co., a New York Stock Exchange-listed company, has acquired all of Marathon's shares. For each Marathon share, shareholders received $1.775 cash, 0.112 of a Stillwater common share and one-half of a share of Marathon Gold Corp., a new listing. Marathon Gold, which will retain Marathon's portfolio of gold properties, including the Valentine Lake project in Newfoundland, will begin trading on Friday, Dec. 3, 2010. The deal valued Marathon, a Canadian platinum and palladium explorer, at approximately $123-million.

[brianjames]

I know this statement if very simplified, but...."If Marathon's deal puts that company at $123 Million, and we at MOA have lots more on the go, does that mean MOA should be trading at 3 times it's current value (our market cap is in the $30-$40 Millions range)."Interesting info in that release Cous......and indicates our share price "should be" higher, but how much

[theCurse]

i think you are confusing MAR with MOZ.  No use comparing MAR to MOA.  MOZ to MOA, yes.inferred price of MOZ right now....1 MOZ = (4.82 - ($22.00 US x 0.112 *1.01 (C/USD)  + 1.775))/.5=  $1.11will be 18-20M MOZ shares outstanding.  MOZ starts trading tomorrow.  not sure where the shares will come for the supply side.  since the deal was announced, the inferred