OTCQX:MEAUF - Post by User
Post by
investornoton Apr 05, 2012 10:23am
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Post# 19762633
Financials out on SEDAR
Financials out on SEDAR Financials and MD&A filed on March 30th available on SEDAR.
I do wish that the Company would use their website as a more effective tool to communicate with investors. While the annual financials and reports will be sent out in time I like to be informed as thngs unfold. I dislike having to stumble upon their MD&A's for example when I am randomly checking through SEDAR for information on other companies.
Moneta is in decent but not great finanacial shape. For instance, they cannot afford to undertake as aggressive (expensive) exploration as over the past 2 years without wiping out their cash reserves. They seem to be scaling back their drilling and reading between the lines relying upon the ongoing developments at other area plays to build some momentum for them at the same time.
Obviously interested in hearing what others think, but it looks like my investment here is a mid term hold once again unless a suitor becomes suspected or known.