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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 May 15, 2013 12:11pm
143 Views
Post# 21400594

ME has cash in the bank....

ME has cash in the bank....

Moneta is in the rare position of having cash in the bank. Not only that, we have enough cash to affords a 50,000 meter drilling program. While other projects are in permanent idle, Moneta is advancing the project!!

As far as the price of gold is concerned, the COMEX as well as the GLD continues on a daily basis to be bleed dry.

Best of luck

Kapboy

Bullboard Posts