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: Peter Bourgeois who wrote (349)	10/1/1999 11:03:00 AM
From: Peter Bourgeois	Read Replies (1) of 598

Hi all, With the recent upswing in gold prices it looks more and more likely that we MAY have two producing gold mines. The one in the States requires a gold price around 320 to make it worthwhile and it appears that we may just get to 320 and maybe a lot more. The one in NFLD if it is open pit would be a lot cheaper, so if gold stays around 300 then that one would be even more profitable. Things are looking up, in particular if gold really rallies well above 300 it will be really rosy. Things are slow, my two cents worth. Two cents much lower in US dollars. Cheers !!! Peter

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