Meridian Mining UK Societas T.MNO

Cabacal capex is likely higher than expected.

[FreddieSanford]

So the company now keeps yelling "squirrel" .

A stream sample came in hot compared to a Cabacal soil sample ... is that apples to apples?

[randys1]

Lol.  Solid research on that statement no doubt. However your track record is better than beacon and the others to date   so what if capex is higher if payback is quick and opex is low and resource keeps growing as it is with infill drilling   time will tell.  No buying and constant selling doesn't make anybody ooze with confidence on this board   those in at 35

[FreddieSanford]

Randys1 ... if the 35 cent paper is averaged against 7 cent paper is it in the money at the current selling pressure price? Also ... does payback stay the same on a larger than expected Capex vs a lower touted Capex?

[randys1]

If I had a lot of 7 cent paper I wouldn't buy 35 cent paper unless I thought 35 cent paper was going to 90 cent paper.  Payback is supposedly going to be record quick on CAPEX is what we have heard for the last 5 months.  I don't think that will change.   gilbert has a lot of experience in the industry so I don't foresee any game breakers on the PEA that will stop

[FreddieSanford]

Randys1 ... the key words in your last post "If I" ... "I wouldn't" On the Capex thing ... been there (having a CEO tout low capex) and done that (believed it to the point of the economic study being made public) and surprise surprise  Capex was bloated ... the stock tanked because of it and there wasn't a danm thing any investor could do about it. I don't

[randys1]

Cheers Freddie.  They have a lot of rabbit holes to go down.   Haven't heard squat on espiago for a while.   That would be filo stuff there potentially with a couple good drill holes  Maybe they surprise us and get a JV partner there.