Moneta at least at .70?I have only invested in mining (gold) once before. It's over 10 years ago, so I can't rememeber the stock. I bought in at .17 and after their first drilling report the stock shot up to .68 based on one report. Moneta has had numerous reports that equal that first report. Perhaps someone could explain to me why Moneta is not at least at .70?
I have seen it in medical stocks which is what I usually invest in. The company has been around for awhile. They are cautious in their development, and then suddenly the stock catches fire with investors and shoots up. They usuaslly release positive studies and reports strategically to maximize the impact of each release. I think Moneta is at the stage where this might happen, especially now that they are getting some attention from respected annalysts.
We have yet to pay for the economic fallout of Covid. Bankruptcies, inflation and higher taxation will likely continiue to drive up the price of gold. Bitcoin has gone up to over $20,000. But it has been there before and then dropped down to around $3,000. To risky when you compare it to gold.
Would appreciate feedback from those are more familiar with gold mining stocks.