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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE -- Ignore unavailable to you. Want to Upgrade?

To: Angelo who wrote (303)	4/29/1999 1:47:00 PM
From: Peter Bourgeois	Read Replies (1) \| Respond to of 598

Hi Angelo, That is not a bad grade for aluvials. It does not require much funds up front to produce from gravels, a backhoe and limited mining equipment. I do not believe that the people mining this stuff think that they will lose money. If the price of $400 + a carat holds true from a bigger sample then there is certainly money to be made. Just my two cents worth. Cheers !!! Peter

To: Angelo who wrote (303)	4/29/1999 5:29:00 PM
From: peter dumbrille	Respond to of 598

Angelo. The Klipgat 18 figures is a start. When you say " It sounds like it will cost more than what they will get back. Spend $100 earn $50...can anybody give me a reason to invest in this company? " could you please articulate: a. why you think so negatively, b. what premise your cost analysis is based, c. why you would believe that any start up operation would be immediately profitable. This company is small, but run by a very credible and experienced CEO. I suggest you conduct your own due diligence. MOA has it's own web site and I am sure the company will send you any information you need. loose lips sink ships.