Moneta Porcupine Mines Inc. (TSE:ME)

 

Established 1910 on Toronto Stock Exchange

 

 

 

Meritas Growth Portfolio A (ME.TO)

 -Toronto

0.28 0.00(0.00%) Feb 8, 3:56PM EST

Analyst Opinion Get Analyst Opinion for: 
Recommendation Summary*
Mean Recommendation (this week): 1.8
Mean Recommendation (last week): 1.8
Change: 0.0

* (Strong Buy) 1.0 - 5.0 (Sell)Compare to Industry

Price Target Summary
Mean Target: 0.80
Median Target: 0.95
High Target: 1.00
Low Target: 0.50
No. of Brokers: 5

Data provided by Thomson/First Call

 
A comparison of the Grandfather of TSE:
 
 
 with other newbie gold mine open pit resources;
 
 
E.g.,
 
Grand Daddy of Porcupine Gold Camp, Ontario,
 
 
 Moneta Porcupine Mines Inc. (TSX:ME) 
 
  Market Cap 47.82M
 
  Gold 3.8 million ounces in gold resource
 
  Average (diluted mill head) grade of 1.11 g/t gold 
 
 
 vs. ex. 
 
 
 Detour Gold Corporation (TSX:DGC) 
 
  Market Cap 2.49B
 
  Gold 15.6 million ounces in gold resource
 
  Average grade (g/t) 1.03
 
 
 
Above short comparison summary
 
 
 tells me and other gold investors that Moneta gold resource
 
 is extremely undervalued -
 
 and it put me on a
 
Note. memo to also do more....
 
 dd.... 
 
 
This is a potential consolidation situation where

 Moneta Porcupine could be

 consolidated into a number of other companies there.

 It's cheap on a per-ounce basis as well.

 

One of the best land positions in world class Timmins Camp 

 

Ontario (Canada) - Geo-politically safe, pro-mining jurisdiction
 
 Moneta holds 200km
 
-  fourth largest after three gold producers
 
-  Five highly prospective 100% owned projects along prolific Destor
 
- World class infrastructure – access roads, water, electricity, mills 
 
- Current and past producing mines adjacent or nearby
 
- Commanding position in Timmins’ emerging Golden Highway Camp

Moneta Porcupine Mines Inc (TSX:ME) BNN Interview - 

 

BNN Interview - 

http://watch.bnn.ca/commodities/february-2013/commodities-february-6-2013/#clip859548 

Moneta owns the Golden Highway Project 
including the following gold zones 


Windjammer (South, Central & North) 
Gap Zone 
Southwest Zone 
55 Zone 
Dyment 3 
Western Zone 
Landing Zone / Twin Creeks Zone 
Last Chance 
the Porcupine Gold Camp including 

Moneta Porcupine Mines Inc (TSE:ME) - Gold 30M oz. + + + +
 

 

 

http://www.monetaporcupine.com/i/pdf/MONETA_JANUARY_2013.pdf 

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

The Moneta Gold Mine -

 the richest average gold production grade

 in Timmins & Porcupine's gold camp with large

 Moneta Gold Mine 
 Kayorum & North Tisdale gold mines properties beside 
 Hollinger and 
 Dome Mine - must be very attractive to Goldcorp Inc. etc. 
 to future mining expansions etc. -
 


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

 

http://www.monetaporcupine.com/i/pdf/MONETA_JANUARY_2013.pdf 

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