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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 investornoton Mar 21, 2012 10:57pm
319 Views
Post# 19703314

Tuesday will be very telling

Tuesday will be very telling

Will the bought deal be successful the 2nd time around? Will the consortium be happy to hold what they could not sell to other parties? I for one will be pleased to see this behind us at this time next week.

 

Most importantly... will the Company (Ian) have news up his sleeve to see a boost to the lagging share price before we get to the summer doldrums, or will this be again left to drift aimlessly until mid to late Fall? I would suspect that the pressure is on to demonstrate reiliance of the company and the share price to out-perform and attract that major that Ian is wanting to lure.

 

For the price of the shares it is not a bad bet. It simply becomes a matter of where the investor feels the best point of entry will be.

Bullboard Posts