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Bullboard - Stock Discussion Forum 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... see more

TSX:MNO - Post Discussion

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Post by lechmeir on Sep 28, 2023 8:40am

TFSA

I understand your disappointment.  But management has actually produced the results they've promised us.  They've produced an RE and a PEA.  I have no reason to doubt that they'll update it as they say they will.

It's a shame the market isn't showing us any of the love we deserve.  I'm dissapointed too.  I'm just not sure I'm blaming Gilbert for that.  Bad salemenship?  I don't know.

When you get to the point of comparing that to Sola management...?  The guys who spent $700K on travel in one year? The guys who produced none of what they promised and strung shareholders along while they partied it up?  The guys I once accused of looting?  I just don't think it's a fair comparison.

Contain yourself.  Copper's getting crushed and so is gold.  The market's fickle.  It'll turn or it won't, but management can't make it love us.  They can only stick to their knitting and drill out a deposit... or two or three.

Comment by TFSAfunds on Sep 28, 2023 2:54pm
lechmeir, irregardless (lol!) of your feelings about management, bear in mind that the average exploration company goes about its business and produces a RE and PEA when they see fit. Recall that with Meridian, there was a CONTRACTUAL OBLIGATION to publish them, the RE 22 months after the agreement signing on 09/11/20 and the PEA 31 months after that date! The RE came in at 22 months and the PEA ...more  
Comment by lechmeir on Sep 28, 2023 11:13pm
TFSA -  I can't argue with you.  You're right.  Do as you will. I think that's what I said... My choice is to stay.  I'm hoping it will work out.  Good luck in your future endeavors.
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