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: WAYNEW who wrote (123)	8/25/1997 9:09:00 PM
From: Peter Bourgeois	of 598

Hi Wayne! I believe that the problem is more the market than MOA. All the Juniors are in a slump since Bre-x. The slide backwards has stopped but they all have a lot to do in order to get caught up, and be at the level they were in early spring. MOA has not surged ahead yet but it has not fallen back like so many of the Juniors who have good properties. I own several Juniors who are on the verge of production and have only gone up a bit. I believe that the market wants to wait to see production before buying. This zinc find if it is big enough and gets people talking will surely drive the price up but the big gains will only come close to or at production IMO (unless the market changes). I am not making a prediction, If any of us could predict what the market will do we would all be rich. No expert here, just my two cents worth. Cheers !!! Peter

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