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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
Post by BC_Buddon Jan 16, 2014 2:23pm
176 Views
Post# 22100185

Things are looking up!

Things are looking up!
I have been a little negative of late - like many here, i didnt plan on making this a multi year investment.

But the story is starting to unfold and it really looks like they will put this together. I am more optimistic than ever on CNY and hope to see us all make a buck or two in this difficult market.

My question is this - what do we need now? I talk to some people and they say "Oh no RM is done - we own it". But I don't think that is the case as it's still a conditional deal that is subject to TSX approval as well as other approvals, right?

So can someone lay out for all of us the basic facts. Where exactly are we, and what do we need to acheive to close RM and see this thing finally move? I know we are close and the story is great, but what are the milestones? Thanks in advance for the input !

Bullboard Posts