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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Company’s Espigao Project covers an area of 72,800 hectares. The Company holds mineral rights totaling 55,559 Ha in the Mirante da Serra Project. The licenses cover an area with an intracratonic basin in the Amazon Cratin, emplaced over crystalline basement rocks of the Jamari metamorphic complex and Mesoproterozoic Rapakivi granites. Its Ariquemes Tin Project comprises a land package in Brazil.


TSX:MNO - Post by User

Bullboard Posts
Comment by blackswanon Aug 14, 2011 2:51pm
182 Views
Post# 18940287

RE: RE: What a Great Stock CNY is

RE: RE: What a Great Stock CNY isThe company has NO money and by now must have lost most of their leases.
Also, 85% of Amazon that has NOTHING is still nothing. (Was supposed to produce in March).
The stock is way over priced, even just as a shell since it owes a lot of money on top of it.  (check the financial) 
By the end of this year CNY will join the Dodo bird. Kaput. 
I bet it will trade 20 cents by the end of September and probably  back to 5 cents by the end of the year, if the exchange does not suspend it before.
Mind you, I don't hold any stock, so it is easy to talk, but sell while you can to get back at least some money before you lose it all.
Good luck.
Bullboard Posts