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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 drCashcowon May 09, 2024 3:54pm
127 Views
Post# 36032003

RE:Fast-forward from the PEA…

RE:Fast-forward from the PEA…Blaxk Angus one thing that needs to be paid attention to is the main volume comes in the morning which usually means it is European. The other thing is they are moving the stock like pros taking it up and buying all the paper that comes out then letting it rest for more sellers to come in. Today they bot over a million shares with out moving the price. Who ever is letting them buy there possitions at this level must be in need of the cash, because this stock has a lot more game in it and seams like the momentum is there to keep the upside movement. I like your $5.33 stock price but I think some one will make an offer before we have a chance to get there. It all depends on if there is more then one major in the bidding war. If there is only one they might get it cheaper.  That dos With more then one buyer we might get close to $5.00 we just have to be patient. That dose not include the additional drill results lthat you mentioned. You are right when you say hang on to your hat I would just add and your paper. Good luck to all the players that have had the faith in this project, and have held on and added to there positions!
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