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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 FreddieSanfordon Sep 30, 2021 11:12pm
143 Views
Post# 33950867

RE:RE:RE:RE:RE:RE:RE:Unloaded this at .75 and .74 this morning.

RE:RE:RE:RE:RE:RE:RE:Unloaded this at .75 and .74 this morning. Palfryville ... the point on marginal increase in shares isn't my point of contention. I don't know what you're in the market for but I've always strived to see the highest price appreciation possible for any stock I purchase.

So ... trading at $1.25 to do a placement at $1.10 for instance is a f'ck of a lot better than the marginality argument in share count to do it at $0.70.

Now you may rationalize things as a "cuteness" factor ... nothing wrong with it ... but I would point to the CRUX dude making that exact argument to Clark in one of those interviews.

So ... was it cuteness ... or was it a case of bending the knee for the CRUX dude and those families he represents?

Like I said ... the cheap paper swapped out and/or averaged up and are still well in the money at this level.

It's all in the numbers ... the support they gave ... and management capitulating ... provides a good risk/reward curve to them and they don't need $5.00 for a payout and the "no warant" ain't no big thang in their calculation.

Now if Kevin or Tommie would just step up and get to tweeting and updating some more then maybe the next level could be achieved.

I'm more than happy to trade off of their efforts while they juice things up.


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