Moneta Gold Inc Com MPUCF

Hard to predict

[investornot]

I have held shares in ME for years and have seen one cycle after another. I do like the current trend but not sure how much more room there may be for growth without news. I have to believe that the current price provides for a respectable market cap if ME was to be acquired. 

I also suspect that a PP might be in the works if the price improves from here. I would see that as a positive alternative for the company, but am a little wary as consistently when a PP has been done in past the price retreats afterwards. In the long run though it may be exactly what is needed if suitors are not willing to pay a fair price. With further exploration there will be more proven resource to add to the value here and gold will see another run - and may well be on its way. 

Hedging my bets here and sold some of my holdings today to protect my original capital plus guarantee a decent return. Holding the remainder for what I hope will be even better days to come.