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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 > Spoke and Hub
View:
Post by TradesInc on Sep 12, 2023 10:07am

Spoke and Hub

With 2 VMS Pits now. Production can support a 4.5 MTPY Production Facility being fed from the 2 Pits. I just ran some numbers. Potentially $400 Million Profit Per Year Baby! Are MNO Shareholders still be paying Gilbo $50,000 CDN Month for a $.38 Stock. C'Mon Gilbo Let's Go!!
Comment by randys1 on Sep 12, 2023 11:15am
St. Helena appears to be the real deal.   Updated RE & PEA for Cabacal this year and then we go straight to feasibility study.   We cannot stay down here forever can we? Allan Barry's spider sense is tingling for God's sake.. it was a very informative interview. Share price frustrating for all involved..   Light at the end of the tunnel and it doesn' ...more  
Comment by pfaffgau on Sep 12, 2023 11:49am
I agree.  This project needs a partner with deep pockets.  We can't dilute at present prices to fund production.   Are the big copper companies just stuck in this BEAR MARKET!!   
Comment by antero on Sep 12, 2023 2:51pm
You mean like the one you found when you were running the ship. lol  
Comment by TFSAfunds on Sep 12, 2023 5:32pm
antero... no, no, no! It'll be a 50/50 partnership, they'll supply the cash for their half, we supply the ore for our half based on the latest 43-101 valuation. Then of course, the 43-101 gets thrown out due to some oversight/technicality... low and behold we end up with a 10% share of the company! lol 
Comment by antero on Sep 12, 2023 8:39pm
Is that before or after the reverse split. lol
Comment by lechmeir on Sep 13, 2023 10:11am
That's just unkind... I think we're on the right track here.
Comment by randys1 on Sep 13, 2023 10:55am
All sounds good but they have a mess to clean up with their share base.  They have a group of sellers they need to clean up and they have to know it. They can put out whatever news they want and someone just loves to sell it down. Time for mgmt to do the job on the share base..
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