STLLR Gold Inc (ME)

[NYBob]

Moneta Porcupine J (ME)
0.07 ? 0.015 (27.27%)
Volume: 208,000 @ 12:14:59 PM ET
Bid Ask Day's Range
0.065 0.07 0.06 - 0.07
TSX:ME Detailed Quote Wiki

Welcome to Moneta Porcupine -

Moneta holds a 100% interest in 5 core gold projects strategically
located along the highly prospective Destor Porcupine Fault Zone
in the world class Timmins Camp, one of the best mining
jurisdictions in the world with over 75 million ounces of past
gold production and unmatched infrastructure including paved
highway access, water, electricity, skilled labor force, and
nearby mills.

A Preliminary Economic Assessment (Dec 2012) for the flagship
Golden Highway generated a

Net Present Value of $748 Million -

http://www.monetaporcupine.com/s/Home.asp


It must be about time for a NR soon -
one more good drill report, I hope -

http://ih.advfn.com/p.php?pid=nmona&article=61815183
TIA



Oligopoly said "According to that logic, the share price should be
around $3-$4, and it's nowhere near that.
I have a feeling the company is not telling the truth."

If you take the NPV of $748 million based on gold at
$1,350 an oz. and divide it by the O/S of 193,600,000
you'd get $3.86 per share

If you value gold at $1,150 per oz. you'd get $3.29 per share.

Positives:
Current drilling seems to have discovered a new zone.
Drilling should be adding more ounces to the inferred cat.
New drilling will only move ounces from the inferred to
the indicated column.
Revised 43-101 in Q4 will should show an increase in the NPV.

Problem: Q4 is a long time to wait in these uncertain times.
Solution: Management needs to hold investors hands.
Make sure they are comfortable with thier investment in ME.
Attract new investors so that current shareholders realized that
there expectations for this company is shared by others.
If they want investors to hold their positon they should be
prepared to keep remininding them of what the value is of what
they own and what is being done to increase the value of their
investment.

A long time hold is not something I believe in, but ,
I do believe that the future for this company
is looking very good.

There are a lot of 1,000,000 oz. deposits; who cares.
But a 4,000,000 to maybe 10,000,000 ounce deposit now
that is something worth owning.

by HejIrish another BB....

ME its a real gold mines bargain -

Land position of scale: 100% interest in 5 projects along
prolific Destor Porcupine -

its a real gold mines bargain -

Land position of scale: 100% interest in 5 projects along prolific
Destor Porcupine -





http://monetaporcupine.com/i/pdf/Moneta-Mar2014-PDAC.pdf


http://monetaporcupine.com

http://www.monetaporcupine.com/s/Home.asp


God Bless