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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

Comment by FreddieSanfordon Oct 21, 2021 9:17am
104 Views
Post# 34031768

RE:PILE

RE:PILETrades brah ... Pfaff2 was bang on when he said forget the pile. Would take decades to develop and management has indicated they won't be sinking much more into devloping that target for the near or mid-term. They'll poke a couple into her for now but that's about it. Nothing spectacular to report about that core ... visibly speaking.

The visible gold is sweet ... and when they put out the number ... won't be any reason to halt the stock as they've already shown it will be a stellar number. Maybe a missed opportunity to halt the stock for promotion impact ... might wanted to have held onto that core and visible gold update until assays were in hand. Oh well ... just hope they don't halt it now for that news ... would seem silly to do so. Just put out the number on that particular section and juice it up even more with more bands of gold within the broader interval and the market will still appreciate the value.

I would call the update so-so ... so let's see how the market treats it.

Time for Beacon to do work and drive it up on nothing while we forget the pile.

I love the line "lift the embargo" ... that was funny.
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