Meridian Mining UK Societas T.MNO

For shizzies and giggles ...

[FreddieSanford]

... FILO still trading at $15.00 through the market turmoil.

It's not a concentrate thing.

[FreddieSanford]

Exactly why I cringe when I hear Clark suggest Cabacal is the standard that others measure their deals against. Ummm ... that's a stock price head scratcher.

[randys1]

Give it a rest Freddie.  Sell already if you really think this is doomed.  Now will be the best you get if this is so screwed up.   

[FreddieSanford]

Randys1 ... chill man. Let's see how Clark does with the CRUX dude ... maybe he has Tommie join him and that will be the catalyst that gets this to rip.

[randys1]

I'm chill, eventually it will rip and deep down you know it to, were all just frustrated as F'ck with the price.  This is just the start.  The deposit area is huge and near surface and in 6 months we could be 80million measured/indicated and inferred.  Low grades with there metallurgy are still big time recoverable at low cost all around to get it out and mill it.. big key

[FreddieSanford]

Randys1 ... Cormark qualified the capex of USD$325,000,000 as being conservative and the application of a 10% discount vs 8% was in part because of the conservative capex assignment. Attracting that kind of cashola is going to be very difficult for this deal ... especially if that capex number falls well short of the reality because of its conservative nature. Time will tell. Have a great day

[randys1]

yes time will tell.   It is going to be MONSTER field and I believe that will attract all kinds of attention eventually..   They are going to drill in high grade areas for a while I believe and that should increase the grades on the updated resource.. The MGMT team is first rate and done this before.  IMHO they will get it done again.   Tom is the X factor that