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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 Kapboyon Apr 17, 2013 11:16pm
60 Views
Post# 21278251

The key point....

The key point....

is they have funding. Infact they are in the middle of a $10,000,000.00 drilling campaign. The importance of having this type of coin cannot be overstated. The company is able to focus 100% of their attention on expanding the already established (PEA 4.3 Million oz.) resource. The vast majority of junior gold exploration companies would give their eye teeth to be in our financial position!

The junior gold market will be rocky for the next while, as the recent dump of "Paper Gold" is digested, but the long picture for the company is excellent IMHO.

Best of luck

Kapboy

Bullboard Posts