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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 > Major Developments
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Post by BlackAngus1979 on May 14, 2024 12:07am

Major Developments

1. First Bruce is at the mine site and clearly has confirmed that he likes what he sees!!! That is a MASSIVE endorcment, There are very few people on this planet that can pick up the phone and call the heads of the mining majors....and Bruce falls in that camp! 

2. The Beacon report has picture of the mine site so there that indicates that there are more people down there --- Brokers, Institutions, a team from Beacon...this makes a ton of sense. Bruce wouldnt go down alone he would likely make an event out of it!!!

3. NOW FOR THE BIG ONE......Another million traded today BUT there was a 500,000 share cross. This generally happens when a large long term shareholder wants to bring in another for good reason, you dont cross at a discounted price unless you know the group that you are bringing in will buy a ton more.

I really like all of the events that are unfolding.....oh and we have 5 drills going

OK one more that is mic drop level.......from the Beacon Report:

"4. Regional Exploration: additional drilling this year will seek to test several target areas outside of Cabaal and Santa Helena: • C4-A: gold target east of Cabaal, following up hole CD142 which yielded 10.7 metres grading 2.1g/t eqAu (incl 1.8g/t Au). Meridian currently has ~11 holes into this target" 

WHY PUT 11 HOLES IN THAT ZONE IF YOU DIDNT HIT!!!!!!!!!!! GET READY>>>>>>>>
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