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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 TFSAfundson Nov 13, 2020 12:47pm
101 Views
Post# 31895787

RE:RE:RE:RE:RE:RE:RE:RE:Adrian McArthur's plan going into 2021.

RE:RE:RE:RE:RE:RE:RE:RE:Adrian McArthur's plan going into 2021.Freddie... good to see you "fact checked" my insider figures. lol

I know it wasn't you that classified the investors... I was using "you" as a general indefinite pronoun. Aplolgies for the inference. To me, the use of the term "sophisticated" is a "Trumpism" to willfully exaggerate and sway/influence the reader perception... i.e. bullshit!

You forgot about the Nov. 19, 2012 NI43-101 on the MLB claims of 8,775 tonnes Mn on 3 hectares  that was updated to 35,000 tonnes on 4.4 ha Jan. 14, 2013. All 43-101's were inferred resources and all were pretty meaningless. The Rio Madiera 43-101 was what, 2010, based on grab samples and a little pitting... lol. Is a non-compliant 43-101 actually a 43-101?... I'll let the philosphy majors contemplate that one... lol. The final one was, as you noted, for tailings. (and whatever happened to the power lines we were supposed to build?) By 43-101, I meant a higher degree of certainty, as in indicated, measured or actual reserves. Something to really get your teeth into (sorry Adrian!). You know what I mean... inferred is a good starting point and good for PR, but only the very beginning.
 
You can burn through $3.5 million pretty quickly in this business, so it's always a case of how much dilution is the next funding going to cost us?
Bullboard Posts