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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

Comment by inseon Dec 11, 2020 4:59pm
198 Views
Post# 32090987

RE:How did this stock not make my radar ever before.

RE:How did this stock not make my radar ever before.

That's a good question schor. My question is this: How do those who KNEW FULL WELL that a new Resource Estimate was coming feel after selling their shares in the 0.12-0.13 range, days before the new RE was released? For that matter, how was anyone selling their shares so stupidly cheap in the teens? It's a rhetorical question. Congratulations to these sellers.
 

ME has deservedly had a nice move higher these past two days, but given the robust numbers of the new RE, we are still hugely undervalued. Nothing goes up in a straight line, so expect some profit taking and share price consolidation before the next leg up.


It has been admittedly frustrating for ME longs, but congratulations to those who did not do something stupid and sell out way too soon.


In the meantime, let's enjoy the wonderful close to the trading week for ME. Have a great weekend everyone. I know I will.


$ 0.255 +0.055 | 27.50%Bid: 0.25 x 196000Ask: 0.255 x 57500Volume: 5,842,744

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