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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

Bullboard Posts
Comment by badger__on Oct 13, 2010 1:29pm
185 Views
Post# 17559453

RE: RE: RE: Theory...on Recent Trading

RE: RE: RE: Theory...on Recent TradingEven though you didn't explicitly state it is the only reason, you certainly implied it through your statements.

"My theory on why market depth has improved and the stock has strengthened is not that news is going to be out soon....I think it is cause of the "investor Digest Effect"."

It is possible people received it October 5th to 6th.......although the date on the paper is October 8th. I received it after the 6th.

Your little analysis of other companies mentioned and their subsequent price movement may show some correlation, but I wouldn't be starting a thesis anytime soon - too many other factors and variables to draw such sweeping conclusions. Did you look at price movement before? Sometimes companies are mentioned BECAUSE of price movement. Anyhow, I don't intend to debate the merits of this, because as I said before, there likely is credence in the observation and argument that being mentioned in a publication can create price and volume increase (seems obvious)....was just pointing out there are many causes, so lets take off the blinders, even when bashing. Adds more credbility.

And, as far as point #8 - who cares if that was explained in the article or not. Do retail shareholders need an article to tell them to look at area plays? I think that has been a strategy since exploration for minerals began - lol. Agh - lol.
Bullboard Posts

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