Moneta Gold Inc Com MPUCF

Primary Symbol: MEAUF

Metals & Mining Industrial Metals & Minerals

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...

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Moneta Gold Inc Com > News before end of the year

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Comment by tomgraniteon Dec 02, 2017 11:36pm

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Post# 27079531

RE:News before end of the year

Thanks for the update. Several companies I follow are reporting delays with the labs. As long as the drills are turning, then progress is being made IMO.

I believe this stock is good value at these levels. Even with ignoring the underground deposit, they have 3mil ozs within the pit. If they can sell out at $100/oz, that would give us more than $1 per share. Seems like a decent bet given the ongoing drilling and recent appointment to the board. Should all be done within 12 months is my guess.

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