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

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > C..GERT..future share price?
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Post by diadon1945 on Aug 26, 2011 3:38pm

C..GERT..future share price?

Assuming V.Lake has over 1 million ounces(50% owned by MOA) and Glover Island has over 1 million ounces(100% owned by MOA) and the gold price levels off at $2,000 an ounce over the next couple of years(of predictable chaos!) is it possible that the MOA share  price could reach $8-10? Lots of assumptions ...but just wondering what we might expect down the road....after the drill tells us the truth!
Comment by Cousin_Gert on Aug 29, 2011 7:21am
D45 - A possible future price of $8:00 is way too far away to be thinking about. In the past, I have seen $4.00 as possible within a foreseeable time frame. This price of course will be influenced by the strength of the share price at each "financing point" along the way. If managed properly and larger financing are made at times of strong share pricing, the $4.00 target may be ...more  
Comment by diadon1945 on Aug 29, 2011 12:03pm
Thanks for your thoughts CG! I would be well pleased with $4 as early as Q3/4 2012. It would be great to see a fast track of the open pit portion of VLake. It would be great if the recent discovery of the visible gold in viens also meant some deeper deposits of richer ore. The one thing I am most confident about is the continuing financial chaos due to the US and European debt and deficit problems ...more