Moneta Gold Inc Com MPUCF

RE:RE:RE:RE:RE:RE:RE:RE:RE:What's up

[HeyIrish]

Bend-a-true, you’re curving the facts. ME,LSG,NGM,EXS,TME,SAS….et al are all following the Destor Porcupine Fault. The fault is the source of the gold mineralization for all of these companies over a very large area. Your implication was clear, you implied that ME did not have the same geology as LSG. I say you’re wrong. Gold grades have yet to be determined, wait for Q4 and the 43-101 update, and based on past experiences in this area the gold grade always goes up when production starts.
ME’s Golden Highway (appropriately named) may be over 40 miles away from LSG’s Bell Creek, but, how far away is ME’s North Tisdale’s property from Bell Creek? I’d like to see how you justify saying that there is no relationship to Bell Creek and ME’s adjacent North Tisdale. How about LSG’s Fenn-Gib property, which has around 2 million ounces indicated and inferred. How dissimilar are ME’s Golden Highway and LSG’s adjacent Fenn-Gib.
Others reading this might think I’m pumping this play, so let me clarify my position here. I sold half my shares this week. I think the company has great properties and I like that management is moving in what I consider to be the right direction, but, I’m not a patient person and I require more updates than I’m currently getting to keep me interested.
I believe that LSG is now a take-out target and because of the way ME has positioned its self, with so many of its properties adjacent to LSG’s. It would only make sense if LSG bought out ME. The buyout would ensure a higher value for LSG in the event someone should try to take them over. Compared to the alternative of someone else doing a deal for ME and handicapping LSG’s physical and logical growth. If you take into consideration that Fenn-Gib and our adjacent Golden Highway are currently a combined 4 million ounces plus of indicated and inferred with an easy potential for over 10 million ozs. then you’ll begin to see why I think a buyout is at hand. The amount of gold these two companies may hold and the current price of gold is compelling reason for a buyout. It would appear that gold has bottomed. That’s first time I’ve ever said that and here is why I’m saying it: $GDM (Gold Mining Index) ,$HUI (Gold Bugs Index) and the $Gold (Gold sport price) all seem to have hit a double bottom; and even the TSXV seems to being doing something similar. So if buyouts are going to ramp up it would only make sense for them to start now while gold is still reasonably priced.
It’s also logical for LSG to consolidate the Timmins Camp area because a failure to do so would make it difficult for them to ever become the next OSK or G; and like they say if you’re not growing your dying.