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Re: NYBob post# 213

Monday, 12/10/2012 8:47:48 PM

Monday, December 10, 2012 8:47:48 PM

Post# of 541
Investors’ Golden Opportunity in Moneta-Porcupine



EPCM World looks closely at Moneta-Porcupine, a junior mining company
which owns one of the largest gold property packages in Ontario’s
renowned Timmins Camp which has produced over 72 million ounces
of gold to date.

Moneta currently has two camps associated with the Destor-Porcupine fault zone:

the Golden Highway Project consisting of seven current projects
(Windjammer,
Southwest Zone,
55 Zone,
Dyment 3,
Western Zone,
Landing/Twin Creeks and
Land Chance), and
the Porcupine Gold Camp, which currently consists of four
different projects
(Nighthawk Lane,
North Tisdale,
Kayorum and
West Timmins/Denton Thornloe).

In total, Moneta owns 250 km of property in the Timmins Camp,
controlling 10 per cent of the Destor structure.

Moneta has recently gained the attention of New York financial
consultant Chuck Cohen, who specializes in gold investments.
Cohen recommends Moneta as a stock option for potential
investors, saying that the junior’s project is “in an absolutely
prime location” in a “region seeing an upsurge in corporate
activity with Lake Shore, and two new entrants to
the Timmins camp:
San Gold and Osisko, all building up regional positions.”

He also says that Moneta is “under-marketed” and has “no
significant institutional ownership.”

All of the property is in proximity to first rate infrastructure,
according to Moneta, which includes access roads, water,
electricity and pre-existing mills.
As of 2010, the company has engaged in upgrading its
NI-43-101 resource estimates for all of its properties through a
top-tier independent consulting firm.

Of the two camps, Moneta is primarily focused on
the Golden Highway Project.
According to a NI 43-101 resource estimate released
December 2011, the Golden Highway Project has 3.14 million ounces
of gold, most of which is held in
the Windjammer South, Southwest Zone and 55 Zone areas alone.

The Golden Highway Project encompasses 12 km of the Destor fault,
which bears most of Moneta’s golden fruit in the form of high
grade-lode quartz and quartz carbonate.

Although it is secondary in Moneta’s interests,
the Porcupine Camp is still a formidable asset, having
historically produced in excess of 68 million ounces of gold.
Of particular note are the Timmins West project and
the Porcupine Gold Mines advancement of
the Hollinger Project,
an effort to evaluate the residual open pit and bulk underground
potential of upper reaches of the formerly producing
Hollinger Gold Mine which
adjoins Moneta’s Kayorum property.

Also Moneta’s holding in North Tisdale has benefited from the
activity of the Lakeshore Gold and Temex programs in the
immediate area, which has enhanced the property’s value in the
search for gold mineralization along the New Mine Trends.

According to Cohen, Warren Bates, P.Geo
of the immensely successful Pelangio Exploration (another
Canadian Junior) has recently joined the Moneta board with other
key additions to follow.

Moneta has a history of developing property positions in joint-
ventures, with the current CEO Ian C. Peres now attempting a
sole risk exploration and development.

The current management has significant ownership of the company
with the market float believed to be below 30 million shares, and
the company has “healthy Treasury,” which means they will not
need to issue cheap stock.
Further, a Research Analyst’s Note from December 2011 expects a
stock price re-rating for the company.

With strategic locations to its claim and experienced management,
the future of Moneta-Porcupine looks quite golden indeed.

By EPCM World contributor Anthony Harvey
cohen, dome mine, gold, goldcorp, mining, moneta-porcupine, Ontario, p.geo, timmins, timmins camp, warren bates

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http://www.monetaporcupine.com/i/pdf/MONETA_NOVEMBER_2012.pdf



ME's value at $1,800 Gold with 4.3 million ounces is $7.74 Billion

At $2,000 Gold = $8.6 Billion

At $3,500 gold = $15 Billion

Not forgeting that 4.3 is the minimum resource size.......maximum could easily double....that means double the values


No kidding ME its grossly undervalued
..........GLTA


My opinions are my own and and DD I post should be confirmed as unbiased

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