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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

Comment by palfryvilleon Aug 04, 2021 8:09pm
100 Views
Post# 33652685

RE:RE:RE:RE:RE:Hopefully that huge ask is an arranged cross.

RE:RE:RE:RE:RE:Hopefully that huge ask is an arranged cross.

FreddieSanford wrote: Palfryville ... if it is the case ... the optics don't matter and the threat of that ask starting to hit bids aggressively before word got out to the street is real.

Seriously ... I hope this is not the case but if we end up hearing the drill didn't hit much of anything and this large block does damage then the regulators will need to be brought in to investigate.

 

I am interested in your thoughts now Freddie.  It turned out to be a pretty slow day.  Definitely the threat of the ask hitting the bids aggressively didn't happen.  So if there was a leak, it was a quiet one....  The Street seems disinterested....

I think that Gilbert and company should (and would) be very careful with information right now.  When they released XRF reference points previously they were criticized and the market stepped on us a bit.  It was thought they were using a misleading metric....

All of that said, I still think the 1.2m block is rather interesting (and rather stupid) and I look forward to the extension assays hopefully by the end of the month.  I believe we will extend even if not on the first hole....

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