Meridian Mining UK Societas T.MNO

Couple of thoughts after the grind.

[FreddieSanford]

First ... f'ck'n stock should have gone over $1.00 today and it didn't get anywhere close and that leads me to be supportive of that CRUX dude in the latest Clark interview.

So the CRUX dude was still pushing back hard on Clark ... both on finances and market awareness issues but this time around he hit hardest on the market awareness side of things ... something I'm very critical about too.

Credit to Clark for getting in a nice uppercut to the CRUX dude when he said it sucks to be the person or group behind the recent overhang that got taken out. Adding to that was a right cross when Clark mentioned why the sharks (CRUX's group) were rebuffed a couple months ago when they tried to force the company into a chitty financing ... and he buttressed it with mention of the numerous groups that are interested now when the company is in a much better position to make its own demands if you will (bargaining power).

Getting back to why I actually support the CRUX dude in his criticism of the market awareness issue ... meaning the lack thereof in the awareness that the game is not only about the long game. There are investors who are geared to the shorter and mid-term curve of a project development and CRUX is right to be critical that Clark seems intent to dismiss that critical component of investor in the curve.

There are levels to the game and a company needs to take advantage of each level or the grind is so much harder.

The CRUX dude and his group are obviously on the fence about things right now ... even with the great drill result announced today ... but to be fair to Clark ... the fence they are sitting on is that barbed wire chit that Clark presented them with when he rebuffed their pressure tactics.

Ok ... enough about that point ... I think the CRUX group will stay in the game for awhile longer ... more juicy results  like today and then the 058 plate ... that's enough to jutisfy a continued leg up over the next few days to a week ... at least it should be ... because Skinner has his boy on the hunt.

My final thought ... c'mon Clark ... that nonsense about Covid holding back additional rigs ... that's weak  sauce man. You brought three crews together safely ... you can bump up to five crews or six crews just as safely. The better way to address it would have been to emphasize you will match the number of rigs with on-going scale of discovery. Right now three crews/rigs are the right balance but as things advance in a continued favourable way ... F'UCK'N RIGHTS WE WILL ADD RIGS SOONER THAN LATER !!!

[palfryville]

Freddie, I agree with many of your ideas (not necessarily what you wrote though) most importantly I agree that the Crux are done.  Sure they will still be interested, who isn't. Their game sucks though because a real find can survive all manipulators and it was clear to me that Gilbert politely said no thanks....

[FreddieSanford]

Palfryville ... I forgot one thought ... so hear it is ... lol. Who is Clark trying to kid when he says a crash in commodity prices will mean nothing to MNO ... insisting they will simply push forward regardless of commodity prices.They haven't even done a scoping study yet and he is quoting capex/opex for a ton of pay dirt ... c'mon man. MORE PROFIT IS ALWAYS BETTER ... SO HIT THE CYCLE

[TFSAfunds]

Freddie, I like your 96¢ prediction, but maybe by close tomorrow? More realistic than all your previous attempts, yes I know... a lot were hyperbole. Mind you, what I would really like to see is this price level holding for once. For how many years now have we seen a bump up only to watch it slowly slip back down. The next NR is probably not far off (next week?) and it would be nice to see a

[randys1]

Looks more like 69 by noon way bids are so far

[FreddieSanford]

Randys1 ... some will argue you can't go straight up. It's true but yesterday was a poor showing for price increase relative to the extremely good result that was announced. Bullchit really.