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 dumbrille who wrote (281)	3/9/1999 5:14:00 PM
From: Peter Bourgeois	Read Replies (1) of 598

Hello Peter, Wait till MOA starts turning those drill bits in that gold property in NFLD. $10.00 easy. It will not happen till the snow is all gone on the property. In NFLD it could be as late as May. I talked to Mr Sheito a short while back and he really believes that he can prove up well in excess of a million oz. I guess we will have to wait and see when the snow is gone. He has money for a drilling program althought I do not know how extensive a program the money will fund. Still optimistic that we will make serious money. At the very least with the Diamond properties into production we should look at possibly $1.50-2.00. I also understand that they overturned the tanker truck bringing water to the MOI river project. The truck is a writeoff and nobody seriously hurt. This might be a good thing because the contracting company has brought in a much bigger drill to get past the iron ore that the smaller drill was just bouncing off. We should hear soon if this new attempt to get water is succesful. If they do get plenty of water then full production will speed ahead collecting those big Diamonds. Cheers !!! Peter

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