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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

Moneta Porcupine Mines Inc is a gold exploration company. The firm holds land in the Timmins Gold Camp including a joint venture with Kirkland Lake Gold Corporation. The company's flagship project, covering the Golden Highway and Garrison Gold Projects is located near Timmins and hosts a total indicated resource of 3,967,000 ounces gold contained and a total of 4,399,000 ounces gold inferred. Preliminary economic assessment studies were completed on the Garrison open pit resources and the...


OTCQX:MEAUF - Post by User

Bullboard Posts
Comment by whoa_rimcheeseon Feb 27, 2015 6:17pm
134 Views
Post# 23474331

RE:RE:Tradernick???

RE:RE:Tradernick???
What does kbradley's post clarify? You said there was a placement in 2014 - does kbradley's post clear that up? He referenced an updated presentation that Moneta has released, and it says they have the resources to last 12 months (either that was in old presentation and wasn't updated or there isn't any intent to do a drilling program and there is enough for day to day cash burn for 12 months). My understanding is there isn't enough cash for a fullsome drilling program.

So tradernick - please provide evidence a placement occurred.


Bullboard Posts