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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 Jul 21, 2022 1:08am
115 Views
Post# 34839328

RE:RE:RE:RE:Metallurgical Podcast

RE:RE:RE:RE:Metallurgical PodcastThe ability to produce a good concentrate does not mean the resource report will be outstanding. 

Coarse grind because it is soft rock ...  so what ... not like you're trying to preserve graphite flakes of the jumbo variety ... who cares if it's a coarse grind or if it yields a good concentrate if the resource is not robust enough to make the case. Oh the days of manganese "microfines".

I mean ... how much rock do you have to run to get that concentrate?

The market thought the news sucked ... so says the stock price ... does anything else matter?

Benchmark for the industry ... uh huh ... it was "met" with selling.

Look back at the moly resource at Red Bird back in the day ... billions of pounds for a resource yet it died on the vine because they missed the cycle. If the resource isn't robust enough here ... will  "ride the vine" to certain death apply to Cabacal?

If this news was as stellar as Clark seems to be conveying ... where are those big board TSX players ... the next level guys that would surely take this to new heights? Did da' algos put a few caps in dem?

Maybe it just needs to hit $0.40 ... or maybe $0.30 to attract those sophisticates ... I mean ... they always have a "shake the tree" playbook and just when you think they have shook the living chit out of the tree they shake it some more cuz that's what they do ... ay carumba ... it's a lot closer to $0.15 than it is to $1.50 ... I'm coming Elizabeth!!!


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