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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

Post by frances1on Dec 29, 2020 1:35pm
311 Views
Post# 32192373

Fall Drilling Program started Oct 15th...results soon?

Fall Drilling Program started Oct 15th...results soon?As the new resource update increased everyone's excitement around here, the waiting game for re-valuation to $50 or higher per ounce would be welcome anytime. Based on no further results, the stock is undervalued and catalysts like the POG or further M&A could help the value here. The other potential catalyst is some amazing drill results....the drilling has been ongoing since Oct 15th so perhaps we shoud be seeing some results shortly. A couple 4 or 5 grammers by 40 metres would be nice! A couple of my waiting game stocks ME, LUM, LR, INV, ITR and the producers EQX and PAAS. 
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