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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 > If this doesn't go 60 cent plus today .......
View:
Post by FreddieSanford on Jul 06, 2021 10:15am

If this doesn't go 60 cent plus today .......

... then you know they have lost the market. Hard to wrap your brain around how they were so successful at getting in their own way ....... all over warrant exercise.
Comment by randys1 on Jul 06, 2021 10:34am
Looks like a no fly zone for 60. Mired in the 50's
Comment by killr on Jul 06, 2021 11:17am
Freddie.....why would you say the warrants got in the way? ...more money for drilling and volumes were not high... so to me, Warrant exercising  = win win...share price will catch up very soon...IMO
Comment by FreddieSanford on Jul 07, 2021 9:31am
Killr .... two things are true at the same time. Warrant exercise destroyed the momentum that was built and is proving difficult to regain ............. and warrant exercise put some cash in the kitty. My point is management shouldn't have been celebrating warrant exercise when the first point makes the second point less attractive.
Comment by killr on Jul 07, 2021 9:43am
i'll buy that!
Comment by FreddieSanford on Jul 07, 2021 10:02am
Hey Killr .... so when the stock was rallying to new highs ...... what do you think would have been the market reaction if management was able to close a small raise of say $4,000,000 at say 60 cents with 1/2warrants for a full warrant priced at 90 cents (which would have been higher than the high). I'm not talking about a raise where it is left open and drags on for a long time. I'm ...more  
Comment by killr on Jul 07, 2021 10:50am
I think the potential financiers were working MNO  in the down direction and may have been forcing a PP down our throats IE lower than .60? WE are well financed  into the fall....so why not wait until our demands on a reasonable PP are met rather than the other way around. We should have expanded the property by then so our property should be worth a hell of a lot more ....plus they ...more  
Comment by killr on Jul 07, 2021 10:56am
....and yes the NR is a nothing burger for atleast  90 days....IMO!
Comment by FreddieSanford on Jul 08, 2021 9:27am
Hey Killr. I hear you on preferring a placement at higher prices but what if the cheap paper warrant selling keeps this down for longer and makes each of these news releases a wasted opportunity for a promo run and down the line a much lower than preferred placement is forced on the company anyway? Pre-market makes this great news look like a wasted opportunity to me .... buy hey ...... the bell ...more  
Comment by palfryville on Jul 08, 2021 9:33am
Gilbert certainly needs to be more careful when choosing his "supporters" for the PP next fall...  
Comment by FreddieSanford on Jul 08, 2021 9:45am
Palfryville ...... so yesterday you have Tin JV news ...... you have Beacon putting out a 12 month target of USD $1.35 on basically a scoping study they've already modelled and today you have news on magnetics defining what may be the source lode for the Cabacal mine lens field and the stock doesn't f'ck'n move at all. Pisz poor promotion or totally screwed over by cheap warrant ...more  
Comment by randys1 on Jul 08, 2021 9:51am
No bids. Lots of asks.  I'm whining.  Lol
Comment by FreddieSanford on Jul 08, 2021 9:56am
Randys1 ....... seems like most are content to go with "Lay Down Sally" while we're all about "Whole Lotta Rosie" and nobody is getting laid. What a travesty !
Comment by killr on Jul 08, 2021 12:22pm
I keep hearing that the cheap warrants selling are holding us down.....show me the evidence...the volumes have been relatively low .....what is it today?....right now? 72k traded .....big deal besides you would normally see the bids getting battered up day after day with greater volume than we are seeing if the warrants were still being exercised ....I don't really see that happening.... I ...more  
Comment by Grimey2 on Jul 08, 2021 12:44pm
I agree with killr all stock seem to be sputtering.. Good time ahead for sure.. 
Comment by FreddieSanford on Jul 08, 2021 9:52pm
Killr ... the damage was done and now with momo obliterated the stock does nothing on three consecutive promotional opportunites. Beacon pretty much published the Cabacal scoping study well before the formal one is completed ........ that should have created some positive momentum. If Beacon can't sell anyone on their scoping exercise ..... yikes ......... it's a problem that can't ...more  
Comment by Silverado1 on Jul 09, 2021 1:02am
There must be still some old school thinking holding us down.  just gonna say it, would be nice to see you greedy B's to simply take your friiggen asks off the system and let this thing ride for 5 minutes 
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