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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

Post by BlackAngus1979on Apr 18, 2024 10:01am
82 Views
Post# 35995697

M.N.O = Meager News Out

M.N.O = Meager News OutThe last Resource Statement September 2022 this company put out the following:

Cabaal mineral resource estimate consists of 
Indicated resources of 52.9Mt @ 0.6g/t Au, 0.3% Cu and 1.4g/t Ag and Inferred resources of 9.0Mt @ 0.7g/t Au, 0.2% Cu & 1.1g/t Ag (0.3 g/t AuEq cut-off grade)

Since then the company has been impressively terrible when it comes to putting out drill results. results have been inconsisten to say the least. At this point i dont think they have managed to increase the resource much at all but they know how to make sure the paychecks keep getting paid.......Gold is at an all time high, silver is on a run and copper is almost hitting a all time high....MNO NOTHING!!!!!!!! No Excitment, No Promotion, No Bluesky drilling, NOTHING 

they hit some great new zones - like the big copper hole-, but nevered followed up on those.......HMMMM............there is a reason we have traded between 30 and 40 cents for 2 years...

Total garbage....if we dont see some regular drill results soon i am moving on!

Loooooong time holder
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