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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 Goodspeculatioron Nov 17, 2015 8:51am
106 Views
Post# 24296970

Its as though Sentient don't care about the share price

Its as though Sentient don't care about the share priceWhy are they stockpiling instead of selling product?

Stockpiles may represent future sales but surely if there is a demand for manganese , why has the company only sold about 7 per cent of the total production /

Why are Sentient indirectly not taking the share price higher......clearly with the warrants becoming worthless is this what Sentient wanted???

Has anyone translated the cost of repaying the $2 million dollars relative to the interest the minority shareholders have and the cost per share the $2 million will be at the time it is repayable?

What too is the purpose of Cancana paying for an IR representative ....it most certainly can be said that it has only had a detrimental impact on the SP.

I dont want to sound totally negative as obviously this is a huge resource but the question is how much of the pie will the original Cancana shareholders end up with...hopefully it is more than a few crumbs and if things continue the way they are then at best this is what could result.


Bullboard Posts