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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 palfryvilleon Aug 03, 2018 11:49am
136 Views
Post# 28410644

RE:RE:Posts Removed

RE:RE:Posts Removed
heavyMNO wrote: Sabine and the boyz obviously didn't like what Mel had posted. My replies were probably just a casualty of Mel being ripped off of Stockhouse.

Mel had to be an insider of Sentient in order to have access to the info he posted ... I mean ... he said he had first hand knowledge of actions Pullar took against a partner ... only an insider would have that kind of knowledge.




You very well could be right Heavy.  One thing about the Board minutes has stuck with me.  In October of 2017 the Board and Sentient were having private discussions regarding the restructuring of Meridian.  This was not mentioned at the meeting in December 2017 - only rosy outlooks etc. which as you noted led to an increase (short lived) in SP.  Someone bought based uopon this misleading information.

Would a restructuring not be considered material information?  That private discussion with Sentient was followed by a series of subsequent non-arms length financings and term amendments by Sentient.  Seems the a fair bit of important information about the companies affairs were kept from the minority sharholders.
Bullboard Posts