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

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To: peter dumbrille who wrote (396)1/26/2000 10:26:00 AM
From: Peter Bourgeois  Read Replies (1) of 598
 
Hello Peter,

Yep this is great news. Hope you are not too snowed in.

Just a guess but the revenue for the Diamonds may not kick in till the summer so I expect that MOA will have to have one more Private Placement if we drill NFLD this spring. After that, the revenue from the Diamonds should cover all operating and prospecting costs for future projects.

If MOA ever gets a producing MAJOR base metal mine with 30% of profits, we could easily see a share price of $30.00.

That is not taking into consideration Diamond and Gold production. I am going to hold for the big time.

Cheers !!! Peter
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