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

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To: jocko who wrote (70)6/23/1997 11:56:00 AM
From: Peter Bourgeois   of 598
 
Hi Jocko!
I agree with you that it is good News. If this news release was six months ago, I think that we would have seen a big price jump. These days its Ho Hum. The prices will probably remain depressed until the Juniors get a little more credibility in the market. Now if they announce that they have a JV with a gold producer then we will see results.
What I am waiting for is an announcement about their JV in the Ben Nevis project and the results of drilling in New Brunswick. Good drill results from their Diamond projects will also be a boon.
Until these News Releases (if positive) come out, we may have a hard time coming out of this slump. The good news is that some if not all these results should be in no later than the fall and hopefully a lot sooner. Then I think this sucker will move.
My two cents for whatever its worth.
Cheers!!!!! Peter
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