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@Vaughan Good time to buy a bunch?
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@Vaughan (Rhetorical question^^)
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@EvenPrime @Vaughan $ME is highly leveraged to the price of gold. If gold settles like it looks like it may, technically no, not a good time. But my "gut" feeling says yes it absolutely is. Lot of people who owned this around 28-35 cents are back watching this. I think Ian will drop just before PDAC as well. If he found that high(moderate)-grade area he was hoping for, it wouldnt be a bad time to release the news imo :)
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@EvenPrime I don't own $ME though - Im too scared lol (honestly) but everything is pointing north
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@MadeOfRubber @EvenPrime Much better plays out there if you are looking for short term gains, I'd wait it out. Iron Ore seems to be the flavour of the next two weeks. ME is one of those ten year old ugly ties in the back of the closet that you can one day get away with wearing again #paisleys
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@EvenPrime I'll be contrarian @MadeOfRubber I think she's going to pop soon. We'll see though :)
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@ChestRockwell Oh this could pop in a big way. The ceo is unconventional, doesn't believe in promotion, etc. When he finally sees fit to release results (my guess is that we're about to see the first 21K meters) there could be enough in them to ignite this market. The feeble, the gutless and the faint-hearted have all fallen away. Good results will goose this baby but good. Imvho. $ME
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@chatyak Nice bump on $OOO with a PR - now for $ME to take notes
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@chatyak Nice bump on $OOO with a PR - now for $ME to take notes
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from #ooo,
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@T any thoughts on outlook for $me who will be releasing drill results in the near future?
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from #askgold,
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anonymous @hra-coffin what's your outlook on ME over the short to medium term?
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@HRA-Coffin $ME - waiting for drill results, and waiting, and waiting... You have to assume some missed holes by this point, or I am at least. I still like the deal, and its a play on a rising gold price, no pretense on that. It will do ok if they can pull some higher grade intercept but they really need to get news out this month.
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from ~coreshack,
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anonymous Thanks @HRA-Coffin
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@ChestRockwell I see Cook is still a big fan of the deposit(s). lol.
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@drezinho @ChestRockwell What's your take on the issue, Dirk, er Chest? "Moneta is a poor deposit with grade smeared across cry low grade rock." Not the most flattering characterization. I hold shares, incidentally.
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@EvenPrime No one is denying the low grades. But it is definitely in the best location for a mine to be. If Ian catches a little high grade - we're off to the races. My concern is that HRA-Coffin pointed out that he assumes a few holes missed.
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@EvenPrime But yes @ChestRockwell Brent definitely has a disliking hehe
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@T brent didnt like it at .05 2 years ago
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@dirkdiggler This was Brent's response when I quized him last May on $NHK....when it was trading in the teens - @Brent_Cook "Never heard of $nhk. What rock do all these crawl out of?"
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@nobshere @Chester diggles Where is that $ME news Don't tell me I bit another bullet
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from #index,
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@staffpro @evenPrime what if $me hits higher low grades XD
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@dirkdiggler nice little volume n price uptick.....could be this is a salvo for imminent results.
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@Stoneminer Yes, finally awake! I got tricked into buying $CNX when it dropped considerably before presenting poor results. Let´s hope this is a sign of the opposite! It could also just be someone realizing that it is usually a good idea to buy a stock that has not participated in the recent gold stock rally.
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@MadeOfRubber Or the value was already priced in. Still for the life of me can't figure out why there is no news. This is a frustrating hold.
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@dirkdiggler Hate to say this @MadeOfRubber, especially seeing as how I'm long this miserable excuse for a company, and I believe 'being real' is okay for these side channels, but..... 'when in doubt....get the eff out".
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@staffpro well 719k volume is only 172k$ dollars i don't believe that is any kind of front running i feel like that would be well over a million shares
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@MadeOfRubber @dirkdiggler that's fair man; I just don't want to take such a large loss. I can DCA in to lower my average but the thought of throwing more money into the pot sucks.
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@zadman Expectations aren't high here anymore guys. I think this sets up quite nicely for a pop on anything reasonable out of the company. $ME
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@tooearly tough thing is that they've let the market know that they are not going to work the market side of their business. so, even if the assays are good, it will setup a liquidity event as the market will know that no more news is coming for months. you just cannot run a venture company like this imo.
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@staffpro @tooearly Ian is investment banker though by background...
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@staffpro Isn't the best thing to do to wait until 1400/1500 gold when any news will be alot more impactful and low grade deposits will make more sense anyway
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@staffpro Good quote above 1200 things are good, above 1300 we are confident and above 1400 it's off to the races - unfortunately low grade probably needs at least the 1300-1400
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@Stoneminer Nice @chatyak. I'm reading NPV 1,1 billion at a gold price of 1200 usd/ounce. Since then and after the current drill program, there will almost be 100 000 m additional drilling to add to this... patience, patience...
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@staffpro @stoneminer thanks i don't know how to read XD
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@staffpro $SPA and $ME are much better optionality plays than $FF, you are getting gold at 6$ and 12$ USD/ounce respectively with upcoming PEA and Drill results respectively ... FF last time i checked was at 30$/ounce for what @anonymous said and i agree is garbage, i'm not hating the company i made money from 40 cents to 1 dollar in early 2016 but then when the market cap crossed 500 million i was out the door
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from #ff,
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@staffpro @chatyak they did aquire properties for cheaper last year like you mentioned but then the shares rallied alot that's why i took my profit and looked elsewhere like $SPA and $ME 6$/ounce gold and sub 13$/ounce gold first one has imminent PEA second one has drill results which will likely make the 13$ figure sub 10
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from #ff,
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@staffpro Gold up 20$ off its lows this week Moneta strong and flat
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@staffpro massive volume in $ME shares today on the gold uptick
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@staffpro $ABX up 6% what is the point of juniors if the seniors trade better than the juniors lol
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anonymous ouch thats gonna leave a dent
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@dirkdiggler Drill plays vs Resource plays? Beg to differ there @stateside - just take a look at $ME vs all comers!
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from #index,
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@dirkdiggler Actually....scratch that thought @stateside $ME.
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from #index,
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anonymous Last time gold was at $1243 $ME was trading at 0.29 cents
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anonymous @staffpro snatching up 110k shares this morning.. lol
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@staffpro i tapped out in terms of additional buying a long long long long long long long long long long long long long long long time ago
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@staffpro it will probably close negative anyway no one is buying this company any more or interested in it...
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@staffpro it seems like we are all broken clocks on this message board regarding $ME but broken clocks are right twice a day so i'll go out on a limb here and say we see some nice volume today haha
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@staffpro @rocketRed unloading shares onto dumb retail same with $GOLD I bet Katusa goes to sleep with a picture of Amir Adnani on his bedside table the way he talks about him haha much better optionality plays $ME and $SPA (12 or 6$/ounce respectively gold) - both with imminent catalysts. $FF is 30$+/ounce in the ground for garbage $GOLD haven't calculated it in a while but it's upthere as well
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from #ff,
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@dirkdiggler Nyuk nyuk @robmcleod. Actually my problem is that sometimes I can't hold back from 'bashing' stocks I'm currently loaded with. $ME for example..... lol.
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from #index,