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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 > 2.1 Million Oz Gold Eq.
View:
Post by TradesInc on Sep 26, 2022 6:42am

2.1 Million Oz Gold Eq.

Fabulous Upgrade to combined 63.2 Million Tonnes of Mineralization with more on the way!
Looks like Cabasal has 2.1 Million Oz. Gold Eq. with Copper and Silver Factored in.
2.1 Million Oz. Gold at $2240 CDN places a value of $4,704,000 on the Resource at todays Market Price.
$4,704,000 at 15% Purchase Value is $705,600,000 CDN or $3.50 MNO Share.
Great Job Management! Anonymous Get The F ck Out of the Way! IGWT.
Comment by brazil2 on Sep 26, 2022 7:10am
Trades looks like you have eaten 3 zeros, yes there is at least 4 billion in the ground, I say the whole belt is 3 times as much, this should fly in the next little while 7$ not out of the question!
Comment by TradesInc on Sep 26, 2022 7:19am
Thanks Brazil! Yes this Resource is getting so big I missed 3 Zero's...lol. Bottom Line MNO Market Cap $700 Million CDN. Let's Go!!
Comment by EndZonefor7 on Sep 26, 2022 8:33am
Excellent news ! We are so undervalued it's a joke. Definitely a takeout target with these kind of numbers. Great start to the week !
Comment by TradesInc on Sep 26, 2022 8:35am
Investor Presentation Has just been updated on MNO Website. Price of Gold Rising in All Currencies World Wide Except USD. Gold Nearing Record Highs in JPY GB and Eur. 
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