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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 Mar 09, 2012 9:24pm
255 Views
Post# 19652348

RE: RE: RE: RE: Only one more sleep!!!!

RE: RE: RE: RE: Only one more sleep!!!!

Great comeback Mr. Tripper - lol!!

Just got back from the AGM and I gotta say - Cancana has things in order and they surprised me with some realvery positive comments.

Just heading out for the evening but wanted to say that I feel far better about this investment now - after attending the AGM.

In a nutshell - they have managed to do what bigger companies do for a fraction of the cost (will expand on this later) and their process will result (in my opinion) in very good returns for shareholders - in short order.

The Amazon deal is a great example - as is the RM deal that didn't happen. NOT doing RM saved us huge money - and we managed to pick up a far more efficient (and proven) business at a fraction of the cost. Amazon - well that is a great bonus when combined with the Dash property. I learned the difference between the two different types of mining (gold veins in solid rock as opposed to gold tailings in dirt or gravel).

It sounds like the low hanging fruit is the gold buisiness and that will fund the Mg - where the big $ is.

So off to dinner - a far happier investor.

Budd

 

Bullboard Posts