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STLLR Gold Inc MEAUF


Primary Symbol: T.STLR Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Post by Del2021on Jul 16, 2021 11:45am
262 Views
Post# 33559693

Will this time be different?

Will this time be different?In the past, Moneta has shot up on good news and dropped down again. I learned quickly to sell and then buy back. But this time I am holding. Gold will continue to rise in price. In Southest Asia where Covid has recently hit them hard and the economies are hurting, gold prices have gone up. It is their traditional refuge. Bitcoin has taken a serious hit, and after the recent ransomware attacks where payment was demanded in Crypto, more governments will move against it. Moneta's recent results have been some of its most promising. I have been told by those in mining, that the glitter has returned to gold, and I think a takeover of Moneta or even a partnership are more likely now than in the past. So I will hold my shares this time, cause I don't want to be caught with my pants down if the news we have been waiting for finally comes. Especially, because I think there will be an overreaction to any announcement of developing a mine and the stock will initially soar beyond its value.
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