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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 > Early stage...
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Post by hipfner on May 21, 2021 6:15am

Early stage...

Great deposit, good location, great mgmt. 

Drilling has just begun, albeit, paralleling historic drilling, so it's not virgin territory.
The minimum timeline for a greenfield to produce is seven years in the best case. 

Any examples from history as to how fast a Meridian analog could be in production?
Comment by TradesInc on May 21, 2021 7:39am
I spoke with Management some time ago about Timelines to have Cabasal Operational. Said Approx. 4 Years. Initial Conceptual Plant Design is for 2 Million TPY of Ore. Lots to do before then but tey're off to a great start.
Comment by FreddieSanford on May 21, 2021 10:04am
I wonder if they will build the plant in the right location this time? The question would be funny if we hadn't experienced such a massive f'ckup in the past. 
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