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Bullboard - Stock Discussion Forum 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... see more

TSX:MNO - Post Discussion

Meridian Mining UK Societas > Goldman Sachs...
View:
Post by TFSAfunds on Dec 05, 2020 5:00pm

Goldman Sachs...

Isn't this the same company that pulled the rug out from underneath the lithium market a couple of years ago? Seems they were under-invested in the sector and wanted to get in at cheaper levels. They are probably over-invested in copper right now and want to pad their exit... lol  Yup, lap it up folks... copper can't miss! And what is the general trend for gold and silver now? How long before we're back into diamonds?

Geez, no running commentary on the price of manganese? Oh yah... we're not doing anything in that field now! lol
Comment by FreddieSanford on Dec 05, 2020 10:57pm
TFSAfunds, "Over Q3 and Q4 2020, manganese ore prices have softened to around or below US$4/dmtu (CIF China)" and Meridian costs were supposed to have been brought well under $100/t at one point.  Even when prices were coming in at the US$8/dmtu (CIF China) level, Meridian management reported they could only achieve marginal profitability. One would hurt their brain trying to ...more  
Comment by FreddieSanford on Dec 06, 2020 12:23pm
TFSAfunds, the Red Bird math. The time is now for Cabacal to give MNO stock a lift. The Red Bird example illustrates a couple things. (a) Historic resources being validated during elevated metal price cycles can definitely give a stock a decent boost. (b) A deposit that is valued at multiple billions of dollars on paper doesn't necessarily mean the exploration company would see benefits ...more  
Comment by TFSAfunds on Dec 06, 2020 10:21pm
Freddie... must you go back 15 years to find a comparable? Torch River is SJL now is it not? And is not Pfaff running the show over there again? Have you been following that whole fustercluck with Paul Ogilvie and how he was supported by Pfaff through all the bullshit. Pfaff still has a trading halt on him doesn't he? Is Ogilvie going to spend some time getting very closely acquainted to some ...more  
Comment by FreddieSanford on Dec 07, 2020 12:19am
TFSAfunds, I brought up a relatable framing of a play based on a historic resource and bringing up Bill Pfaffenberger simply allowed for the segue. I sensed you had an affinity with the guy so it was a natural. You now seem to have gotten all bent out of shape over bringing him up. I thought I made it clear the point being made was not about the person, rather, about the play. Cabacal could be ...more  
Comment by brazil2 on Dec 07, 2020 6:22am
I am cautiously optimistic when looking at the volume seen lately
Comment by tippingj on Dec 07, 2020 1:57pm
Tear down that wall Mr. Gorbachev
Comment by brazil2 on Dec 08, 2020 1:03pm
is this the week we celebrate a another positive achievement
Comment by randys1 on Dec 08, 2020 1:49pm
10/4 rubber ducky. We got us a convoy. 
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