Moneta Gold Inc Com MPUCF

February highs

[ACESover]

Just killing a bit of time before hitting the links (the benefit of living in the Vancouver area) this morning and observed that ME has hit it's yearly high in February for the past 2 years. I have also listed the yearly low as follows:

                                       Yearly High                                              Yearly  Low

Feb 24/11                        .48                                 Oct 6/11                    .16

Feb 23/12                        .39                                 Aug 15/12                .13

*Feb 7/13                         .31                               * Feb 22/13                .22                                *to date

So will  the Feb 7/13 high be the the top for 2013? Even though the resource has grown since 2011 both the yearly highs and yearly lows have gone lower. I still have a relatively small (20,000 shares) core position of ME which I will hold on to. As far as anymore purchases, I am starting to think there is a real possibility of a low in the .15 to .16 cent range especially with these chitty markets in the juniors. I once owned 180,000 of ME and most was bought in the .10 to .12 cent range on a Lawrence Roulston recommendation many years ago. If it does go lower I am going to play it the same way which is load up, wait for the inevitable seasonal pop and then take the profits off the table.

ACE$.