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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 whoa_rimcheeseon Nov 17, 2011 2:40pm
123 Views
Post# 19246016

RE: RE: RE: RE: Making excuses

RE: RE: RE: RE: Making excusesI will ease up on the negativity, JON. Markets have me a little frustrated. Can assure you that I am not nachochip, albeit there has been some "following" around from time to time. He was very negative on this stock when I was more positive.
Anyhow, I management, as I stated, has done a great job in getting the funding and completing a substantial amount of drilling. Of recent, however, I have had concerns about the lack of updates on drilling, and how most results seem to be "buried" in the MD&A. Also, the corporate presentation has not been updated since March. We get a nice surprise press release about a 43-101 that is imminent (expected before Nov. 15), and then.....silence. I agree the "end result" is what matters, and many of you have waited years for this. But, I will tell you, all of the experience I have had following many, many gold juniors, a delay is not positive, and my frustration is as much about my much lower expectations as it is about being late in of itself. I will refrain from venting too much on the board, as I recognize it pisses people off, but I am telling it like I see it.
If it is released Friday after trading, consider me doubly frustrated, as that is the typical timing of releasing poor news. 
Am curious, JON, do you have any expectations for a resource number?
Bullboard Posts