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

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > "TO THE VICTOR GO THE SPOILS"
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Post by u4eah on Mar 23, 2012 8:59pm

"TO THE VICTOR GO THE SPOILS"

- So where do we go from here ???

> MOA SP is in the proverbial toilet; .......surely all weak hands must be flushed by now !  ...... right ?

> 43-101's ..... long; long; long overdue !!!

> Deafening corporate silence !!

> "Sudden" CEO resignation; .......no mention of seeking replacement !

> Speculation we will be taken-out; ..... and likely at a pittance to its' $$$ Intrisic Value $$$.

 

- "To the victor go the spoils"  metaphorically speaking;..... so who will that victor be ? Stillwater??.....

or has anyone considered the possibility of "Richmont", (ticker T-RIC); somewhat ironic !

- T-RIC Stats; > market-cap +/- 300 mil

                       > 33 mil shares outstanding

                       > 65 mil +/- cash on hand

                       > seeking accretive, attractively priced assets to bolster portfolio

- OH; by the way their CEO, Martin Rivard, just recently resigned, effective Aug 2012; so they're on the hunt for a new CEO replacement; ..................... Gary Woods ??? ... If the aforementioned all came to fruition; now that  would indeed be an interesting " Twist-of Fate "

 

u4eah

Comment by JR5 on Mar 24, 2012 12:58pm
Could be very interesting. RIC could pick up the entire company for a few million shares and  run an accelerated drilling program on VL and Glover out of cash flow. RIC was once one of the largest share holders in MOA and might still be . The other possibility is they make an offer for VL and or Glover.  Let's just see if MOZ can get the report out this week . It's true that ...more  
Comment by truck8256 on Mar 29, 2012 10:41am
It's not a far fetched observation JR. NAE was just recently sold to Pengrowth Oil  for a 10% premium. Guess where PWG CEO came fromrecently? Price was driven down $5 over the year and the div. decreased and a few months later NAE merged with Pengrowth and shareholders were are forced to take Pengrowth paper or sell below merger price. Was it collusion? Fraud? We'll never know what ...more  
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