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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

Comment by tomgraniteon Feb 03, 2018 1:42am
177 Views
Post# 27495501

RE:The New Moneta

RE:The New MonetaI wish they would communicate better with the market and investors. I thought the plan was to drill shallow holes in order to increase the higher grade parts of the deposit that could be an open pit mine. They now appear to have drilled deep but no explanation of what their strategy is regarding making the deposit more attractive for a takeover/buyout.

The corporate presentation is 6 months old, needs updating if their plans have changed. I don't feel likeI know what is going on.
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