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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 TFSAfundson Jan 06, 2022 12:29am
111 Views
Post# 34287982

RE:RE:RE:RE:Really???...

RE:RE:RE:RE:Really???...Freddy, yes, it appears as if Grimey moved about 10,000 shares into 2 TFSA's. If you recall, he did state that he participated in the second round of financing and with the S/P being around $1.20 there's NO WAY his shares are in a loss position! I can't speak for him, but I think he feels this stock is going to climb further so is this move really all that bad? Also, I don't think he's into other plays, so why not utilize what the gov't lets you have? Mind you, he does have a tax liability now for 2022 tax year based on the "deemed dispostion" of the shares he moved. Freddy, neither you nor I are tax accountants, so let's let Grimey do his own thing!

Assays... is it prudent to release new core assay figures when your previous ones are in question? Would it not be best to settle the anomalies and then release subsequent assays knowing they are accurate? 

Freddy, aren't you taking things to a new level of nitpicking when you question "water rights"? Isn't that just like questioning whether the Company would be able to obtain "mining rights" to what's in the ground... lol

As far as the "tout" of a camp scale VMS project... IT IS a VMS project, one of only a few ongoing on the planet at this point! We just have to determine its actual scale. Recall, you used to TOUT about the manganese to a much greater extent and that was based on geologists tripping over a few cobbles! How much actual drilling did they do back then? Why weren't you ALL OVER THEM for not proving up the resource and giving "weekly" assay results? 

Freddy, I understand that you're pretty pissed at this Company... BUT it's the OLD Meridian/Cancana/Sola that caused you this grief! Why not give the new incarnation the benefit of the doubt? After all, you did buy back in and you have made money... maybe not as much and as fast as you'd like to, but the near term for this Company still looks good to me! 
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