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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

Metals & Mining Industrial Metals & Minerals
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

Moneta Gold Inc Com
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Comment by new_guy_stewyon Dec 09, 2009 1:12pm
319 Views
Post# 16569426

RE: RE: Nice recovery on a down day

RE: RE: Nice recovery on a down dayThe buy-out of Michaud JV is great! Of course, if the news was that the JV backed off, then we should be cautious but the news is that Moneta bought them out. A company does not go buying out another company unless they forsee economic potential.

Also, I believe Moneta is releasing some results before end of year (its mentioned in their latest MD&A).

If you're long on Moneta, I believe we're in for a great ride. I am only cautious about 2010's market, as many people believe the market will make its double dip then.

Cheers all!
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