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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 BC_Buddon Oct 04, 2011 12:04pm
208 Views
Post# 19116833

RE: What do you think?

RE: What do you think?You guys are a real downer - and frankly it's getting a little old. Lets face it we all have taken it up the bum lately and if we all sit around being miserable it won't make it any bettter. The reason that Amazons price was reduced so drasticly was because there were fundamental problems generating cash flow so Bill went and cut a new deal. Good for him - now we may be able to work our way out of this hole. Did anyone read the MD & A - I did and it was quite an eye opener. They have made more mistakes than not (massive horrible mistakes) but this Brazil thing sounds like the real deal so could we all just stop bashing the company for stupid mistakes of the past and try to focus on the issue of the day which is making money here?Lechmeir you seem like a smart guy and I enjoy your posts as they are objective and real, however as you are long here like most of us how about a realistic look at the positives as if this was your company and you had to make a go of it from here?Budd
Bullboard Posts