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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
Post by skii1on Dec 01, 2011 4:15pm
366 Views
Post# 19284537

good price action

good price actionMost of the trading occurred at the outset in the 20.5-22 cent range. The 18.5-20 cent trading was on (relatively) very low volume. 3M ounces in politically safe Ontario with large insider exposure, cash in the bank, blue sky potential. No delusions from mgmt about "going into production"-- this is a "prove-up and sell it" deal.
Bullboard Posts