ME & GXSYesterday Moneta Porcupine Mines (my second biggest holding after GXS) released their new resource, doubling the indicated resource (to over 2m Oz) and tripling the inferred resource (to over 3m Oz). Clearly, the market did not expect such growth. The stock increased 42% and it’s a further 10% up today. GXS current (but very outdated) resource is 200k and 800k respectively. The M + I resource in particular is likely to grow substantially in the new resource, specially at eagle mountain and salbora. Let's hope the numbers are good and market reacts similarly when the new GXS resource is released.