Midnight Sun Mining Corp. V.MMA

"we are way better off midnight sun going it alone"

[ecanadian2]

Azzuriberg99 - care to elaborate on this? 
I know per today's NR they want to drill this year.  But they are also, in effect ,discounting assessment of a mining giant who walked away.  Yes, I know different objectives and thresholds but still ...

MMA now has $15M market cup and under $2M working capital ... how can they "go it alone"?

[thankmelater]

The fact is Rio were falling behind in what they promised to do . They fell short on their drilling and on their spend . Time was running out for them to earn their 50 % so decided to drop it , . Midnight Sun acquire a mountain of very granular data that they could never have done on their own and take back 100% of the licences . Bringing Dorling's expertise to the table is a huge benefit and

[stanem1]

maybe rio wants to drive down share price,to buyout

[Sherry35]

I heard the same thing about RIO falling behind. There was a change in geologists (project leaders) that was not disclosed to MMA for many months. The orginal RIO gelologist was very knowledgeable about the Africian style deposits. Unlike RIO, MMA plans to drill the bordering structure. Anyways,  I for one am happy to see RIO out of the picture. MMA CEO has rappoprt with major base metals