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

TSXV:MOA - Post Discussion

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Post by orevast22 on Apr 14, 2011 3:44pm

re: takeover

Got to get this stock at a more higher  price before you talk takeover. This $.55 cent stuff is ridicules
Comment by brianjames on Apr 14, 2011 7:13pm
I agree.  .55 cents is ridiculously low.As Cous pointed out the other day.....$250 per oz X 600,000 oz = $150,000,000divided by 2 (MOA's 50% share) = $75,000,000divided by 43,000,000 shares outstanding = $1.74Not only that, but wouldn't $250 Net after mining costs be low-balling it???And this isn't even factoring in any of the other properties MOA has.I just shake my head at this ...more  
Comment by Cousin_Gert on Apr 15, 2011 10:33am
BJ the $250/OZ I referenced is what I believe the "current in the ground value" should be, not the back end profit. I am thinking VL will be a relatively cheap mine to operate and have a relatively low Capital requirement. At $1500 gold, the back end profit per OZ could run upwards of $850/OZ for MOA/MOZ. With this much profit potential, someone else buying the deposit today at $250/OZ ...more  
Comment by SACKS1 on Apr 15, 2011 12:07pm
This management team has got to be the worst ve ever seen I got out @ .59 good luck to all who will stick it out. For me I care about management more than core and management here is out to LUNCH.