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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 TradesInc on Apr 02, 2024 2:05pm

Cashed Up

Yes the dilution sucks! MNO will 320 Million plus shares Fully Diluted post 15% Bonus option for new investors. Good News is Treausury will be cashed up well over $20 Million CDN. Get Cabasal Built! At current Gold Price and Copper Price Cabasal will generate well over $300 Million CDN in first year of Production. Market Value gotta be $2 Billion CDN or $6.00 PLus Per Share. IGWT.
Comment by rdy2rumble on Apr 02, 2024 2:41pm
Trades don't you think the share structures getting a bit much here?? Yes they have money for now but will need how much more to bring it to production? 10 times more? 40 times more?  maybe they find a sugar mama for a 50% JV cost sharing? Personally I think this raise at 35 cents with the 15% kicker is disspicable,, an absolute kick to the NARDS... It's like AJ is making the ...more  
Comment by brazil2 on Apr 02, 2024 2:47pm
I don't like it, I want out!  Even at .5
Comment by randys1 on Apr 02, 2024 3:01pm
  Dont hold your breath on that one Brazil2.  the beacon boys will keep it down here till the next raise at 25 cents.
Comment by b2600i4x4 on Apr 02, 2024 8:43pm
Oh I'm sure Gilbo will come out and do another podcast and make us all just feel warm and fuzzy again in no time...right?? Or may have to start making moonshine for that feeling for the foreseeable future...
Comment by randys1 on Apr 02, 2024 2:54pm
10/4 rumble. An absolute joke. Not sure if mgmt is even trying to get the share price up anymore.  
Comment by TradesInc on Apr 02, 2024 7:19pm
R2R. Agree the share structure is getting rich. To bring into production Clark has said the ultimate buyer of Cabasal Copper Concentrate may have to take an "Equity Position in Cabasal". A combination of debt and equity may fund the balance of mine construction costs. Just my opinion of course...lol.     Disspicable. A kick in the Nards. Yes I agree. It sucks. However ...more