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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

Post by FreddieSanfordon Sep 07, 2021 8:27pm
208 Views
Post# 33823137

Couple of thoughts after the grind.

Couple of thoughts after the grind.First ... f'ck'n stock should have gone over $1.00 today and it didn't get anywhere close and that leads me to be supportive of that CRUX dude in the latest Clark interview.

So the CRUX dude was still pushing back hard on Clark ... both on finances and market awareness issues but this time around he hit hardest on the market awareness side of things ... something I'm very critical about too.

Credit to Clark for getting in a nice uppercut to the CRUX dude when he said it sucks to be the person or group behind the recent overhang that got taken out. Adding to that was a right cross when Clark mentioned why the sharks (CRUX's group) were rebuffed a couple months ago when they tried to force the company into a chitty financing ... and he buttressed it with mention of the numerous groups that are interested now when the company is in a much better position to make its own demands if you will (bargaining power).

Getting back to why I actually support the CRUX dude in his criticism of the market awareness issue ... meaning the lack thereof in the awareness that the game is not only about the long game. There are investors who are geared to the shorter and mid-term curve of a project development and CRUX is right to be critical that Clark seems intent to dismiss that critical component of investor in the curve.

There are levels to the game and a company needs to take advantage of each level or the grind is so much harder.

The CRUX dude and his group are obviously on the fence about things right now ... even with the great drill result announced today ... but to be fair to Clark ... the fence they are sitting on is that barbed wire chit that Clark presented them with when he rebuffed their pressure tactics.

Ok ... enough about that point ... I think the CRUX group will stay in the game for awhile longer ... more juicy results  like today and then the 058 plate ... that's enough to jutisfy a continued leg up over the next few days to a week ... at least it should be ... because Skinner has his boy on the hunt.

My final thought ... c'mon Clark ... that nonsense about Covid holding back additional rigs ... that's weak  sauce man. You brought three crews together safely ... you can bump up to five crews or six crews just as safely. The better way to address it would have been to emphasize you will match the number of rigs with on-going scale of discovery. Right now three crews/rigs are the right balance but as things advance in a continued favourable way ... F'UCK'N RIGHTS WE WILL ADD RIGS SOONER THAN LATER !!!


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