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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 miner540on Apr 23, 2019 10:54am
160 Views
Post# 29659141

RE:POSITIVE NEWS

RE:POSITIVE NEWSThanks for posting the Paradigm information - a couple of interesting observations:

Disclaimer note #3 - Paradigm expects to receive compensation for investment banking services in the next 3 months.    Potential share issue???   

Surprised that the 2012 PEA - open pit is no longer under consideration.  That seems like new news.   The MD&A said the RE on the much larger in-pit deposit would be out soon.  Management needs to clarify its intent.

Overall, a good positive report.
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