Moneta Porcupine Mines

ME-T

Analysis and Opinions about ME-T

Signal
Opinion
Expert
COMMENT
COMMENT
March 6, 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.

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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.

BUY
BUY
December 28, 2012

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.

Show full opinionHide full opinion

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.

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