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Re: bigone post# 521

Saturday, 05/22/2021 5:11:27 PM

Saturday, May 22, 2021 5:11:27 PM

Post# of 541
Fenn Gibb valued at $65 an ounce compared to ME $25

https://mayfairgold.ca/fenn-gibb/

https://mayfairgold.ca

Interesting to find that Mayfair Gold acquired the Fenn Gibb property
from PAAS.

They have a market cap of $130m with a low grade 2M ounce resource.

We have 8+M ounce resource and are trading at a little of $200m.


I have always thought the Fenn Gibb would be good for ME
however now that it is valued at this price probably not.

$Nice to see that they get rewarded by the market with $65 per ounce
and if that was consistent for ME's resource 5 miles away
our market cap would be north of $500M.
smile)

Our current Marketcap only about 220 mil.


$bigone thanks; This is getting to be very sizable.

What a delicious big
one this would be for one of the top 10 miners.
The price target mentioned of $0.65 CA is 64 % above today's closing
share price of $0.395 CA.


Wonder if it will be bought out before summer's end?
With more discoveries and assuming a strong or stronger gold price
would $1.00 CA be out of line???


$Moneta Porcupine Mines ME.C Analysis;


http://www.stockta.com/cgi-bin/analysis.pl?symb=ME.C&cobrand=&mode=stock


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163918262


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Ps.
opinion appreciated
TIA


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

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