Mountain Lake Resources Ltd ( MOA) VSE Message Board

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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE

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To: jocko who wrote (348)	9/20/1999 3:42:00 PM
From: Peter Bourgeois	Read Replies (4) of 598

Hello Jocko, The cores are fantastic. For the short term, diamond production should move the price up to a dollar or more but the big one will be this NFLD thing. If there ends up being a mine there and the drilling suggests there might very well be then 10+ is not that far off. The problem is that we might have to wait till this time next summer to find out about NFLD. Unless the CEO can come up with new funding in the next few weeks than drilling will have to wait till spring. By then there should be a steady source of revenue from the diamond fields. New Brunswick and the zinc property is not done either. With only a limited amount of drill money available he chose to drill NFLD but when funds are available there is still -N.B.-ONT-Cape Breton and let us not forget the American property. We could end up with several producing mines in the next few years. Cheers !!! Peter

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