Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MONETA PORCUPINE ME.t -- Ignore unavailable to you. Want to Upgrade?

To: D LEE who wrote (341)	12/3/1997 8:10:00 AM
From: denis J	Read Replies (2) \| Respond to of 440

D Lee europeans tend to buy and stay in for the long term there is a fair amount (exact count ???) of stock being held there. the 70-30 split you where wondering about refers to the nufort property in which barrick had the right to earn the 70% and moneta 30% with nufort holding onto a net royalty. with michaud it is 60-40 (barrick-moneta) Barrick had wanted 70-30 on these claims also but did not get it. as I said earlier there are plans to do some work on the property this drilling season what and how much has not yet been released by barrick there is no question in my mind that if the price of gold could only rebound this property would be developed for sure . more results on nighthawk should be out shortly I think you will see this property with a good ore body also thereby giving moneta two excelent development possibilities and it is not that far from cross lake . all the best Denis J