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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 Jan 30, 2019 11:08pm
187 Views
Post# 29299892

RE:Drilling

RE:DrillingNo drilling at the moment. $2mil in bank, maybe a new RE on the low grade in-pit deposit will come out. I'd like to see them update the PEA. We have higher pog in Can$, more ounces and higher grade. Also do the PEA assuming toll milling contract rather than spending $297mil on new mill. The new PEA would look a lot better, not that there is anything wrong with the figures in the 2012 PEA.
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