STLLR Gold Inc T.STLR

Alternate Symbol(s): STLRF

Metals & Mining Gold

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

STLLR Gold Inc

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Post by investornoton Apr 19, 2023 6:16pm

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Post# 35403998

Trending wrong way

If I am following things correctly In Aug 2022 Moneta raised $15MM @ $1.645 and they spent under $19MM for all of 2022. This placement is at a greater dillution and will provide capital for another year before we see this again.

Does not inspire my confidence other than to be betting on a buyer sitting on the fence. More financings to be done here.

Some time ago I stated I'd start buying again @ $1.50. I have kept an eye on Moneta but elected not to buy back in. Glad I didn't, but I will still keep an eye on it for the right opportunity. GL

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