Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by TFSAfundson Sep 14, 2023 3:08pm
172 Views
Post# 35636757

Strong Hands???

Strong Hands???Clark and some on this board have said in the past that our outstanding shares have moved into "strong hands". Recall that there were almost 50 million shares issued at $0.075 with an equal number of warrants at $0.11 back in July 2020. (all exercised!) Then in December 2020, over 20 million shares issued at $0.20 with over 10 million warrants at $0.30. October 2021 saw just under 15 million shares at $0.70 with no warrants. (Bet you all those folks regret that one. Right Grimey... lol) And finally, December 2022, almost 17 million shares at $0.35. With one exception those are "penny stock" figures! How much institutional money is actually invested in this Company? As long as we sit at these levels, we won't have "strong hands" holding shares aside from all the longs, most of whom are probably well underwater again! We all know we're sitting on a monster of a resource here, yet WTF is management doing to promote? We need massive amounts of capital to get the mine up and running. Do we really want to look for that while we're sitting at under $0.50 ??? Even if we wanted to partner, what's our bargaining position look like at these levels? We went through this with Sentient and sitting down still hurts! Management has let us down badly!!! Clark said we've turned the corner (so to speak) and management is set up for this Company to move forward now.
PROVE IT!!! JUST DO IT! Let's start seeing some movement in the S/P in the right direction for once! MSBT
<< Previous
Bullboard Posts
Next >>