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 H. who wrote (160)	10/21/1997 1:06:00 PM
From: Peter Bourgeois	Read Replies (1) of 598

Hi Peter! I believe what happened is that the market and myself included, expected Noranda to do some winter drilling. I guess that a Company like Noranda is in no big hurry. I too believe that they are on to a good size find and they will progress at their own speed. This does not help MOA in the short term. Now if a contract is signed for Maliseet and they work it through the winter, then things will look up. Otherwise all we have to look forward to keeping the share price up during the winter is South Africa and things are moving pretty slow there. Then again we have not heard much about how many oz of gold they estimate is in their CK property. Think I will hang on and maybe pick up a few more if the price goes down. I think it is only a matter of time. How soon??????????? Dont know. Cheers !!! Peter

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