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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 investornoton Jul 06, 2016 2:28pm
203 Views
Post# 25028490

Very positive signal

Very positive signalBreaking through the 27 cent high and surpassing 2 MM shares (so far) are both great signals of strength. 

Gold is due to attract investments at present and it would be an assist to ME to see a gold run. 

What I personally am looking for in the short term though is an expression of interest from a suitor, or enough of a rise in s/p to merit raising more capital for future exploration. It would give the company options to either look at viable offers or continue on their own. 

Either way ME is looking much better this week. Exciting days of summer (perhaps) for a change. 
Bullboard Posts