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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 investornoton Dec 02, 2011 5:49pm
362 Views
Post# 19288360

RE: Buy Recommendation Link

RE: Buy Recommendation LinkNote the disclaimer below the LOM report. "LOM has acted in an underwriting and/or financial advisory capacity within the last 24 months". This gives the report a little less credibility, especially if Moneta might be considering bolstering its cash reserves in the short term. It is still very positive and credible, even if might be overly optimistic with a 95 cent target price. Hopefully this will help give the price a boost. I am not surprised that Ian sent this out by email to investors but wish he was as forthcoming and quick with drill results.
Bullboard Posts