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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

Metals & Mining Industrial Metals & Minerals
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

Moneta Gold Inc Com
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Post by RX4H1N1on Apr 05, 2013 2:49pm
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Post# 21217436

Low Grade vs. Recovery

Low Grade vs. Recovery

Low grade deposits are one thing.....BUT.......the recovery rates are just as important as well. If Moneta does not get taken out before production begins in the future the best way to finance mine development is with a future production offtake agreement. This would prevent any futher share dilution. Cash up front would be provided to get the mine up and running and would be paid back through a specific payback in metals produced. Too much focus is on gold grade as if that was the only variable in the profitabilty equation.

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Dealroom for high-potential pre-IPO opportunities