Meridian Mining UK Societas T.MNO

Alternate Symbol(s): MRRDF

Metals & Mining Industrial Metals & Minerals

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.

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Meridian Mining UK Societas > Crux Interview

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Comment by randys1on Oct 01, 2022 10:28am

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Post# 34999262

RE:RE:Crux Interview

See, you were a little postive there. No smirks from Crux dude from what I saw.

I thought he was kind of impressed by potentail payback time period. Glass half full, glass half empty.

Agree though that I don't see any great share price appreciation for a while. Even on the good drill results that are probably coming out next week.

They have cash that could last into the first qtr of next year when updated resource statement comes out. Burn is down with going to two rigs and not double shifting them

Maybe they wait till then.

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How does sponsorship affect share price?