STLLR Gold Inc STLRF

Primary Symbol: T.STLR

Metals & Mining Gold

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.

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STLLR Gold Inc > A simple, obvious and very IMPORTANT point....

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Post by tony1969on Apr 26, 2024 2:14pm

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Post# 36009955

A simple, obvious and very IMPORTANT point....

 					IMPORTANT... For me at least.. HERE is a valid (I himbly believe) point I would like to make. In the past whenever gold in US $ has managed to break through $2k per ounce US it has broken down in 2020, 2022 and in 2023. Back in 2011 and 2012 it did the same at $1800 US per ounce. HERE IS MY POINT!!! US gold has been trading above $2k US since November of 2023. In the past it has usually had a decent correction at that $2k US level. Every time!! WE HAVE BEEN TRADING ABOVE $2k US for over 6 months now. This has never happened in the past. This is a GREAT sign for the metal and STLLR. I believe that gold has developed a new base above $2k US that will make our two properties worth exponentially more even if they include a bit more capex because of inflation than previously thought. In other words this rise in gold will much more than cover any higher expense incurred with higher capex. Like by a HUGE amount. LOTS of positive leverage created from the $1600 US gold used in both of our projects PEA's if you use $2,000 US gold. Now if you use spot gold somewhere around $2350 US today then the value of these projects is ASTRONOMICAL!!!! I think that exploration companies will soon be able to start using $2k per ounce US gold in all of their studies as a base number. That would be a huge re-rating for our two properties. Gimme some thumbs up if you agree!!! I need some fuel and positive vibes to continue my maniacle research. I think our BOSS timed this merger perfectly. He is a buyer. Why aren't you? All we need is patience...Nice weekend ladies...
 					 