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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão polymetallic project in the State of Rondônia Brazil.


TSX:MNO - Post by User

Bullboard Posts
Comment by lechmeiron Dec 31, 2016 11:49am
123 Views
Post# 25656730

RE:RE:impressive volume

RE:RE:impressive volume

rdy2rumble

Company indicates the current production capacity of 50k tons is spoken for.  I can see them building on this with the new plant, so exiting 2017 with 100k capacity and sales lined up isn't really too much of a stretch.

Sentient has a good track record, even with us when it comes to moving forward.  They have developed the resource beyond what we acquired.  They have a concrete plan to advance from here.  So you seem to have an issue with not being able to sell your shares yet... but if you read any of my posts over the past several years, you'll see that I take that as given. 

As to blue collar crime...  I think you mean "white collar", and I don't see it rising to the level of crime..

That said, I'm frustrated too.  But we're on track to get it done...  and a 1 million ton per year resource is $300 million per year for the mine life.  Hard not to see that turning into $15 -$20 per share.  It's just not going to be tomorrow.
 

Bullboard Posts