Mountain Lake Resources Inc V.MOA

2 drills to be turning in January at VL

[JR5]

MOZ website is just loaded with information. Sacks I thought you might have been right on with your call but I don't know if the price will reach that low. I will be back in buying more shares before the report comes out. Only reason to put two drills to work right away is to keep from being taken over after the report comes out. There is no way to fix a price  on the shares of MOZ or MOA with two drills turning. If the results at Little River are good I would expect the drilling to keep on going right through the winter freeze up. Thanks for posting the link to MOZ website-there is no doubt in my mind that we are going beyound two million ounces of gold before the end of winter!

Cheers,

JR.

[philipitus]

Yes their investor presentation said two rigs but I didn't see a reference to where.  They have three projects.  Hope to god at least one is at VL.  Let's see that new estimate!!!!

[JR5]

The presentation contained 25 slides and only three had a focus on the other two properties. From what they indicated in the slides there is still more work to do before they can pick drill targets on those properties. With the remaining cash it makes sense to drill like crazy on the most advanced property, Valentine Lake. Sounds like it cost around 3 million to drill the 10000 meters (unless I