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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

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Post by PFAFF2 on Sep 28, 2021 1:37pm

Some Math

In the last 20 days MNO has traded over 15 million shares on all markets in Canada.
This does not count trading in the U.S.  This placement is 12.9 million new shares.
This should not take long.    IMHO
Comment by palfryville on Sep 28, 2021 2:01pm
I imagine they are 3/4 of the way there already...
Comment by TradesInc on Sep 28, 2021 2:12pm
Yes. Word on the Grapevine is at least $6 Million Committed. Would be nice to get this Closed prior to October 19th. As a Long Term Shareholder I like the Terms of this Funding. IGWT. 
Comment by FreddieSanford on Sep 28, 2021 7:56pm
Pfaff2 ... how many of those 15 million shares were just spun? You know what I'm talking about ... cycling paper is nothing new. Not saying it was all cycled but fo' sho' some of it was ... and the sad thing is ... now they have to do a placement at under $1.00 ... that sucks !!!
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