Mene Inc V.MENE

Alternate Symbol(s): MENEF

Consumer Cyclical Luxury Goods

Mene Inc. is a Canada-based company, which crafts 24 karat gold and platinum jewelry that is sold by gram weight. The Company designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight direct-to-consumer through an online shopping experience. Its jewelry is crafted from gold and platinum, which is sourced from gold mines in Nevada, United States and Ontario, Canada. Its gold carries the coveted London Bullion Market’s Responsible Sourcing Certification. The Company provides bracelets, chains, earrings, medallions, pendants, rings, personal touch and precious objects. It has sold jewelry to customers in 50 States in the United States, 10 Canadian provinces, and approximately 60 countries, all without a single physical store.

TSXV:MENE - Post by User

Mene Inc > Mine Virginius

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Comment by andre171on Apr 18, 2023 8:24am

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Post# 35400070

RE:Mine Virginius

andre171 wrote: Since the plan for Virginius is to execute an exploration program over the next 12 to 18 months, this seems to me to mean that the proximity to exploitation is much further away than presented by Aurcana!

The rock and slump problems in the mine were undoubtedly much more important than presented by Aurcana's management. On the other hand, didn't the management overestimate the potential of this mine, its content much lower than presented by Drover and its operating conditions much less favorable?

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