OTCPK:STADF - Post by User
Post by
dellsvigoron Sep 29, 2015 6:22pm
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Post# 24147080
(SAS) considering buying (ME) Moneta Porcupine Mines?
(SAS) considering buying (ME) Moneta Porcupine Mines?6 Canadian Gold Companies at under $6/oz *Update 4 Acquired* https://www.monetaporcupine.com/i/maps/Regional_Geo_20121024_Rev1.pdf https://www.sasgoldmines.com/s/Hislop.asp Yes, St. Andrews Gold Mines, owns the Hislop mine about 20km west of Moneta's Golden Highway Project. Interestingly enough, St Andrews (SAS) Holloway Mill, and Holt mill and mine is approximately the same distance east of Moneta's Golden Highway Project. As stated on St. Andrews Goldmines they ship from their Hislop Mine to their Holloway Mill 45 km east. So they pass through Moneta's 4.3 m/oz camp. Moneta and SAS have worked together in the past signing agreements on claim units See more at: https://www.northernminer.com/news/moneta-busy-at-golden-highway/1000025317/ This is a very intriguing stock. Overall it could be the perfect addition to a growing junior producer. Now what's it worth? Well 4.3 million ounces at the current market cap is $16,838,000. Not including all the other claims on other properties. So the market is giving us $3.91 for each ounce of gold in the ground. Alright, i'll bite on that.