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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 Aug 08, 2017 5:09pm
206 Views
Post# 26558325

Sitting on the sidelines

Sitting on the sidelinesAnd not really expecting much at least until the next time there is a need to do some more financing. 

Yes drills are turning (again) and wth that there is always the prospect of finding something better than what they have found to date, that is of too low grade and too deep for open pit mining to be viable. I am sure that there are some yet hidden treasures in Moneta's claims and that has kept me invested here on and off for well over a decade. Question is whether or not they will find it, and if so... when? 

I am not sure if this stock is heading back somewhere below 10 cents or not, but suspect it might. If it does I will be buying, but until then I will be content to wait and watch for the right opportunity or possibly mid Fall. I don't mind parking funds here if bought at the right price. It has never failed to make a short term run up and gain - yet. GLTA
Bullboard Posts