Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Tradernickon Dec 26, 2015 9:22am
268 Views
Post# 24413248

RE:RE:RE:NR - Moneta Completes Financing

RE:RE:RE:NR - Moneta Completes FinancingThe commercials this past week have just gone long for the first time since the fall of 2011.  Wall Street will begin to front run the gold trade in Q1 2016.  ME is currently trading for ~ $6.50 per oz which is ludicrous.  At $1700 CAD, the project's value should double.  $0.75/share is a conservative estimate for year ending 2016, which is only 11% of the revised NPV of the project (ie. $1.5 billion).

It should trade at $1.25, conservatively, at CAD $2000, making it a 10-bagger from here.

GLTA.
Bullboard Posts