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STLLR Gold Inc MEAUF


Primary Symbol: T.STLR Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Bullboard Posts
Post by Kapboyon Mar 28, 2013 11:07pm
148 Views
Post# 21184383

You have defined the problem....

You have defined the problem....

but have yet to make the connection regarding the reason the hold physical gold. The U.S.A., U.K., Japan, Korea, and Europe are currently engaged in massive printing programs. What we are seeing is a race to the bottom with their respective currencies. Other experts have described the situation as a "Currency War". Governments have even given the programs names i.e. QE3 etc. Gold maintains it's value, whereas the fiat currencies loose their value in respect to gold. Simply put, you require more dollars to purchase the same amount of gold, where you debase a currency.

You have described Moneta as a POS. In this instance, I feel you are dead wrong. As we speak, we are in the middle of a 50,000 meter, $10,000,000.00 drilling program. The program is making use of historic drilling logs, and has been planned out by MR."15,000,000 Detour Lake" Aubertin. As you are aware, or should be, quality exploration companies are begging for cash, just to pay the office rent. Yet within weeks of releasing our 4,300,000 oz. PEA, we were able to secure the money for the drilliing campaign. Obviously some savy investors, who want to become alot richer, recognized the merits of the property! Expect to see an upward revision in the size of ME's resource, once the results of the drilling program are released in a revised NI.

Out of curiosity, just why are you here....other than to bash?

Comments

Kapboy

p.s. Most investors of physical gold are lousy sailors. Collectively they have sunk more boats than you can shake a stick at! LOL

 

 

Bullboard Posts