RE: RE: RE: MONETA
The problem with Moneta is a high strip ratio with much overburden. Also it would require a large mill close by, as you cannot truck low grade ore very far. If someone did pick up Moneta ,they could grab the Northern Gold property which likely contains 2 million ounces ,which has a very low strip ratio . N.G.M. Is trading for 2 cents, so this would be very cheap ounces, and is only a few kilomiters from Moneta. But the price of gold would need to be higher to make this project feasible.