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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 > New drill results don't move the needle.
View:
Post by FreddieSanford on Nov 21, 2022 10:31am

New drill results don't move the needle.

Volume is dead. So exactly how is this going to be further financed at higher prices? Significant dilution at a discount coming very soon.
Comment by EndZonefor7 on Nov 21, 2022 7:14pm
As I mentioned before we need a strategic partner asap. Cheap financing is reality but who it's with is key.
Comment by pokinfun on Nov 21, 2022 10:07pm
This post has been removed in accordance with Community Policy
Comment by EndZonefor7 on Nov 21, 2022 11:41pm
That's very true, other things in play. A couple other stocks of mine are suffering that same tax loss sell pressure. At some point seasonality in gold should be kicking in soon.
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