OTCQX:MEAUF - Post by User
Post by
frances1on Dec 12, 2020 8:19am
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Post# 32092631
Options and Warrants now in the money
Options and Warrants now in the moneyOptions and Warrants now in the money for an additonal $3+M
Currently they have $7M
Interesting answer to the one queston during the recap about opening a data room or ? Gary said they will keep drilling, need to know what they have before they make any decisions....wouldnt have found the Westaway if they moved forward quickly with the Southwest. Be nice if they had $50M to do that however with $10+M can only drill so much...
Be interesting to know if they have some more leads from the re-logged core shack. There is a long history of drilling on this property and lots of drilling has been done over the years. I think Gary is the one who has put in the hard work to figure out where is the best gamble....so far it has paid off.
Not sure what a company will pay for this however we have several in the area that must be interested which I look forward to seeing how it will play out.
Remember the old resource back with Ian...low grad and multi million ounce...always thought that would work well if they combined the Fenn Gibb resource a couple miles away (Pan American Silver owns it now I think) with Moneta's low grade....another 4+M ounces (less than 1 gram)
Who knows lots of options, been a good week. If I see another 35m x 3+gram hit again like the Westaway which cause me to buy more.....might not be too many Christmas presents this year but hopefully next Christmas will be one to remember!