OTCQX:MEAUF - Post by User
Comment by
Exploration2019on Mar 13, 2019 1:13pm
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Post# 29479780
RE:RE:43-101
RE:RE:43-101I agree Tomgranite. I have been in Moneta since 2016 now and I thought 2019 would be the year for Moneta, especially with the current gold forecast. That being said I was very disappointed with the High Grade resource result, I also think 2.0g/t would have been a better cut off grade to use.
I can only think that the open pit resource update has been kept up their sleeve because it could be significantly bigger and either boost the likelihood of financinc, or they think combining that and results from drilling I think they are currently undertaking will make it a good acquisition target, especially if they can bulk up the UG resource as well.