Moneta Gold Inc Com MPUCF

RE:RE:Paradigm Capital and Volume

[miner540]

It was not my intent to be negative - long time holder and bullish.

The story is well understood - 5 or 6 mills in the area with excess capacity.  Moneta trying to prove up a 4-5 million oz. resource to attract a takeover.   Paradigm has been supportive and may be part of a future PP to further advance the next drilling program?   The large block of shares trading may or may not mean anything.  Could be a new purchaser or an existing shareholder moving shares between accounts?

The reference to Paradigm earning fees for banking services in the next 3 months indicated to me that there is activity.   For me, activity is positive.  I still believe that once the resource estimate is firmed up we will see takeover interest.  Looking for Kirkland Lake to step in around $1.  Good luck to all!