Brent Cook Moneta Porcupine Mines ME-T COMMENT Mar 06, 2017

A very large, low grade deposit. It has a little over 1 million ounces M&I, and probably 3 in inferred resources. A real, sketchy sort of deposit in that the mineralization is spotty. If you were to try to mine this as an open pit, your waste to ore ratio would be extremely high, especially given that it is such a low-grade deposit.

Brent Cook

Unlock Rating

$0.195

Stock price when the opinion was issued

Mining

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

Excellent property in the Timmins area. Deposit is growing. Just raised about $30 million. Feels it is primed to be a mine in 2-3 years time. Has outperformed some of the Junior gold shares out there. Could see it going to $.40 easily.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Brent Cook Moneta Porcupine Mines ME-T COMMENT Mar 06, 2017

You might be interested:

Moneta Porcupine Mines(ME-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Kim Bolton

Stockchase Insights

Jim Cramer - Mad Money

Paul Harris, CFA

The Panic-Proof Portfolio (Stockchase Research)