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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 Jan 18, 2022 9:09pm
141 Views
Post# 34331137

RE:RE:Fantastic pitch ...

RE:RE:Fantastic pitch ...TFSAfunds ... didn't Clark say in one of those interviews that he was aiming to make the 7 cent paper holders a 60 bagger? To start?

Nah ... nothing in the Gantt says achieve Freddies $1.50 ... but $1.50 is on the way to Clarks water mark of $4.20

Maybe throwing around price target numbers like that isn't in Clarks best interest?

My earlier post was critical on the phrasing "probably". You see ... in my view ... when Clark insists he is managing investors money ... being very penny wise ... that words like probably would not be used by whomever (IR  or other) put together that powerpoint. Like you know ... either do some due diligence and find out if you are the only one ... or one of a few ... and then make a definitive statement based on that reality ... rather than display a laziness in trying to put shine on the company. It's not a great look. 

The other criticism on the idea of rapidly moving to a production decision ... chit ... you point out yourself that the plan is to drill and keep drilling until you find the extent of mineralization prior to pulishing a maiden resource 43-101 style ... well ... nowhere in that exercise will a production decision come ... it will be well aft ... so how about not talk about production decisions just yet.

Bring on some assays ... that's the here and now ... and no apology necessary for whatever they reveal.






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