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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 Oct 04, 2016 12:16pm
205 Views
Post# 25307160

Gold price bringing juniors down

Gold price bringing juniors downNot surprised to see many gold juniors struggle today with the price of gold dropping. For months it looked more likely that it would to rise above $1,500. That led to some optimism which will in time still materialize. 

I watch a number of juniors but Moneta remains one of my favourite to invest in. Took advantage of today's downturn to take up a position again and will add to that over the weeks to come given the right opportunity. 

I have no doubt that Ian will ultimately deal ME away, but it will rise to a good price before he does. 

Bullboard Posts