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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 Maybenow20on Dec 16, 2024 2:11pm
98 Views
Post# 36364616

RE:One

RE:OneInstead of blaming sellers for the sp, maybe start blaming the company ? Some have been here since the Cancana days or early MNO days... and for what ? Same sp (0.37$ when Cabaal was purchased), same promises, same story, just a different day. Everyone's asking where's the support, where's retail ? In this market, no one cares about infilling, twinning holes, geotech drilling, environmental/eng studies... in this market, it won't move the needle. The market has told GC numerous time that new drill targets are the only news that would move the needle or atttract new interest/investors - the market is simply tired of not being listened to, and current investor are tired of waiting on empty promises. The only thing MNO is doing is burning cash flow speeding fast towards a project financing to be completed at the same share price - dilution for all (or sell the company on the cheap). 5 drill rigs going since last funding... zero new targets: when one doesn't listen, the market tunes out. No one is holding the sp down, the company is doing it to itself.
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