Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(0)
•••
Comment by kbradleyon Feb 14, 2015 8:03am
186 Views
Post# 23430028

RE:RE:RE:RE:? 7 Million ounces

RE:RE:RE:RE:? 7 Million ounces"Very low grade for the region" yes but if you have a LARGE low grade deposit and the price of gold trends up to where some hope it will, could have a very economic resource. After looking at the Fenn Gibb deposit from Lakeshore, there is an opportunity to have a 10+ million ounce deposit between the two. That deposit is right beside ME. Being low grade, the only way this will work out is if there is a 10 million ounce resource to justify the $600+M investment to build the mine. Iamgold paid $600M for 8M ounces in an isolated area, low grade bulk tonnage, needing a serious capex to get it going. Key is a rising gold price!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities