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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 Grimey2 on Dec 07, 2022 12:41pm

GLTA

Awfully quiet guys and girls ..NEWS OUT!!!!!! NEWS OUT!!!
Comment by randys1 on Dec 07, 2022 1:04pm
Well obviously I was referring to a fiscal year not calendar year when I said I would not post here till new year. lol my thoughts   pokn wins the bet with trades.  If I was in Vegas I would double down on the cards as I see them now. Our financing will not close officially till end of year. So the price will stay down close to 35 until that time IMHO.  Freddie seems awfully ...more  
Comment by killr on Dec 07, 2022 1:20pm
Well said Randy...have a good Loooonnnnggg Holiday!
Comment by randys1 on Dec 07, 2022 3:31pm
Well one correction make that the Water rabbitt not winter. hard to thing of anything else but winter when it is minus 1000 here today..
Comment by FreddieSanford on Dec 07, 2022 11:37pm
Randys1 ... recall Cormark indicating a $25,000,000 equity raise in Q4 2022. Raising about $6,000,000 at half the unit price as what Cormark projected. Ask yourself ... if Cormark was  that wrong regarding this raise ... how right could their share price target be? The bottom should be in but ......................
Comment by randys1 on Dec 08, 2022 8:47am
Yes the bottom should be in and we would all be smart to load up down here.  I am, as whoever is funding this raise is going to move it higher IMO.   Yes Cormark report projected that large raise in Q4 but I think the poor markets have everything way off track.  Even the mighty FILO took it on the chin and is just starting to recover.  Our recovery starts in January ...more  
Comment by FreddieSanford on Dec 08, 2022 9:42am
The thing to watch in the PEA is going to be CAPEX. Cormark had it projected at USD $325,000,000 but if it comes in at closer to USD $500,000,000 ... it's going to be a problem. Other than that the addition of a fairly significant 35 cent papered headwind shouldn't be an overly difficult burden.
Comment by randys1 on Dec 08, 2022 9:53am
Hard to imagine it comes in that high.. Cmon you rascally water rabbit.  It's time to start hopping to the bank..
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