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Meridian Mining UK Societas MRRDF


Primary Symbol: T.MNO

Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão polymetallic project in the State of Rondônia Brazil.


TSX:MNO - Post by User

Comment by drCashcowon Apr 24, 2024 5:33pm
66 Views
Post# 36005973

RE:Copper hitting new highs!!!! absolutely on fire!!!

RE:Copper hitting new highs!!!! absolutely on fire!!!In the press release they say the cost of the facility will be paid back in 10.6 months. They are using USD gold 1650, copper at USD 3.59 and silver at USD 21.35. We now have gold up 40% copper up 25% and silver up 27%. The increase is about 31% 10.6 months x 69% is equal to  7.3 months pay back.
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