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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

Post by lechmeiron Oct 05, 2023 7:07am
225 Views
Post# 35670466

TFSA

TFSA

"Are you saying that management here has "duped" you?"

 

You're missing the important differences.  I accused mangement of looting Sola.  In the end they were showing I think $700k in travel one year, and a diamond pipe that supposedly had produced thousands of carats turned out to be barren.  Later the lab we constructed was turned over to one of their pals for services renedered or something.  So... was I wrong?

 

In this case, Grimey sees management spinning off non-core assets and imagines that they're the actual prize and management is stealing them from us.  I don't see it that way, but I'll leave him to his proof on it.  I like the tin project, but if we only have the horses to pull off the tin or the VMS which would you prefer.  If Orosur makes something of Ariquemes we get 25%.  What else is there?  The manganese turned out to be far less profitable than Sentient wanted, and they ended up losing their asses on the deal.  How long a game do you think they're playing here? 10 years in they get a prospective property that will take them 10 more years to develop??

 

If anything stinks here, apparently I'll be the last to know it.  I'm as frustrated about the price as the next guy, but I don't see this being like Sola.  Sola had everything but a guy going out a helicoptor door.  This is going to be a mine.
 

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