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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Metals & Mining Industrial Metals & Minerals
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

Meridian Mining UK Societas > did someone say...
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Comment by FreddieSanfordon Dec 01, 2020 10:04am
134 Views
Post# 32008675

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:did someone say...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:did someone say...Volume increased significantly for a short period and the price ticked up a bit. Looking at the volume since announcing the placement it seems fairly obvious the action in the market was all about getting a reserve price for the placement.

The volume and price should have continued the upward pattern after the placement was announced.

Maybe half of the answer is already in front of us.
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