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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 > Nice move so far this morning
View:
Post by Godfather on Oct 21, 2021 9:36am

Nice move so far this morning

They played it well, announcing the closing of the PP yesterday, and bringing out the promotable news today.
Comment by FreddieSanford on Oct 21, 2021 9:51am
Godfather ... the better play would have been to wait to have the high grade visible gold assay in hand ... halt the stock ... and then put out those numbers plus the broader update. Would have popped to $1.50 at least that way. Why the rush to do this update when you had the blueprint and ingredients to really make it pop huge in a matter of another week or so with rushed assays. Not that the ...more  
Comment by Godfather on Oct 21, 2021 10:08am
I think that the market already knows that the assays will be very good. I prefer a steady flow of news, combined with a rising share price, rather than a large gap to fill on a halt for assays news release. Whatever leads to a good profit, is all that really matters.
Comment by FreddieSanford on Oct 21, 2021 10:16am
I like Filo's playbook ... no shame in making it rock with solid promotion chops.
Comment by TradesInc on Oct 21, 2021 10:22am
Well that was one hell of an Open! MNO hit $1.22 as a High early. I think there is a lot more to go. Can we close at $1.50. Just going back to read the news release again. Let's see what happens. IGWT!
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