Meridian Mining UK Societas T.MNO

Has RE/PEA info been leaked?

[TFSAfunds]

Clark said last week that the RE/PEA update would arrive "very shortly". Volume has certainly jumped since Friday! So far today, a 4 cent jump? This with no news... Kinda makes you wonder, doesn't it???

Trades, I not so sure a 60% jump in the RE would do much. I think for the needle to really move, we'd need a doubling of the current...

[TradesInc]

TFSA I totally agree with you. $2 Billion RE is double current $1 billion Re. Management continues to say we should trade at 35% NAV or RE. Would be a Market Cap of $700 Million CDN or $2.80 Share!

[TFSAfunds]

Trades, I was referring to tonnage. Current RE indicated is about 52Mt and you were hoping for 80Mt, which is about 60% increase. To me, tonnage is more meaningful, it doesn't fluctuate with whichever way the wind is blowing the market prices of gold/copper/silver or whatever respective dollar amount you choose as base value... Also, didn't management (ie - Clark) say we should be a 10X

[lechmeir]

"This with no news... Kinda makes you wonder, doesn't it???" I t could be the big moves in gold and copper this morning.   It would be nice if it's some good news leaking though.