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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 > Once again...
View:
Post by TFSAfunds on Mar 23, 2021 4:10pm

Once again...

do you people not understand what you read? The "disclaimer" points out that "Meridian Mining is a sponsoring company." Tell me, what does that mean to you? The author has a "long position"? How many shares does he have, when did he buy in, etc? Why are you so taken by this bullshit? It's a paid advertisement, for f'ucks sake! 

And for Christ's sake... that "HYPOTHETICAL" $300M NPV8 is based on what? A "potential" 50Mt deposit! Historically, we have 21.7Mt... NOT 50Mt. That's 43.4% of that "envelope" math! Are you folks that desperate to see "big numbers" that you throw all logic out the window? Thank God he didn't use some of the tonnage numbers like for the manganese that were thrown around here! Wow!!!

If that report was so inspiring, why have we dropped 2¢ as at the time of this writing? What it tells me, as I have been saying all along here, is that NOTHING is going to happen until we see drill results! And they better be damn good, or else...
Comment by FreddieSanford on Mar 24, 2021 10:04am
TFSAfunds ...... Rosie wants to know if 3:1 or 4:1 strip ratio is providing the limp biscuit for MNO? Why would the clown shoe suggest that is a good thing? The company hasn't made any such suggestion and this guy gets Rosie naked in a bad way, to do what ....... cut off the hands that want to grab Rosie's fun parts?
Comment by TFSAfunds on Mar 24, 2021 1:07pm
Freddie... where did he get the strip ratios from? Cabacal was an underground mining operation, not an open pit proposition in the past. Mind you, 20m overburden isn't bad! Too much of his findings are based on his speculations... what we need are real numbers and, hopefully, we'll start seeing them in a month's time. Is the project feasible based on the historical number of 21.7Mt, if ...more  
Comment by Grimey2 on Mar 24, 2021 7:40pm
... Grimey still believes manganese is the saviour here!  lol  I sure do!!! The manganese is awaiting a huge global boom coming..
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