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 > Gold Market

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Comment by Grimey2on Jan 26, 2024 1:43am

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Post# 35846488

RE:Gold Market

Found this comment on another forum speaking of Meridian any thoughts?

 	 		about 11 hours ago 

 				 
@JohnSnow@Public_heel Unfortunately it's not the forum for MNO, so I'll only say this: no MNO is not a lifestyle company - it's lost it's way a bit within the current markets. One needs to understand why the markets changed since 2021-2022, how one's environment has changed, and how you need to change and adapt. If you can't recognize the changes, or won't/can't adapt, then you're just keeping the same strategy expecting a different results - and it doesn't work. MNO has the properties/projects upon which to build a strong company - it just needs to adapt and re-allocate capital in a way that re-ignites the market's interest. Advancing Cabaal to construction in this market is just crazy - not at these valuations, so actually not hurrying things for Cabaal just suits me fine - they should allocate more capital to exploration drilling within the greenstone belt and Espigao - go have fun and make discoveries - that what this market wants - this market absolutely has no interest in twinning holes, TMF engineering or ESG spending. Cheers.