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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
Bullboard Posts
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(26)
•••
Comment by studpuppyon Oct 27, 2010 4:47am
289 Views
Post# 17616876

RE: RE: RE: Placement

RE: RE: RE: Placementinteresting...
"The placement is subject to the standard Toronto Stock Exchange four-month hold period and to final regulatory approval."
correct me if im wrong but these guys won't be able to dump those shares before end of february!! so imho the sp should be at least 
.35 if not higher...thats how things work these days, they get cheap shares, then the mm's bring up the sp, then they start dumping their shares at good profit to whom??? us guys...thinking it will go higher (how naive) and then the sp comes right back down and they load up again and the cycle continues...
hope im wayyyy off on this one!!
regards stud
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities