STLLR Gold Inc T.STLR

Consolidate the area even more?

[frances1]

The time is now to merge with MFG, we need scale!

They are going to prove up 3M ounces this year, so to consolidate the area even more is a good thing especially when that takes the total to over 11M ounces for a combined resource.

Perhaps when the ME update comes out we can push 13M ounces. Then we need to merge with CN so we can tie in a rail line around the area to bring all the ore to one large processing plant! 

A few more drill results this morning. Seems like there is gold in the area. Keep drilling

[miner540]

Frances,  My understanding is that Moneta believes Mayfair is valued too high for any merger activity.  Moneta will be able to add more value organically on their own projects relative to the cost to acquire Mayfair.

[frances1]

Well if you speak to MFG,  the deposits are different, ME hae small veins for most of our underground and they are going to have a much more coheisve resource....imo 3M ounces for $40M works out pretty equal to what ME has....$ per ounce  I think a merger of two deposits valued at less than $20 per ounce is a good thing.  close proximity grow the land package become more

[miner540]

Correct, I did not speak with Mayfair - I am sharing what Gary told me.

[sooner1]

Just Curious miner540. Did you contact Gary for any specific reason or just in general. How easy is it to have a conversation with a CEO and how accessible was he? Any other information concerning consolidation efforts in the area?  Thanks in advance.

[miner540]

Sooner1    I have met Gary a few times and have had email communication with him for a couple of years.   Gary has always replied to my email questions.  I don't abuse his time - an email every few months and always with specific questions.  Linda in IR will also reply to questions.  It is all part of my personal DD approach when investing in the junior space

[sooner1]

Thanks miner540!