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Bullboard - Stock Discussion Forum Midnight Sun Mining Corp. V.MMA

Alternate Symbol(s):  MDNGF

Midnight Sun Mining Corp. is a Canada-based exploration company. The Company is focused on exploring its flagship Solwezi Project, located in Zambia. Its property is situated in the heart of the Zambian Copper Belt. It holds a 60% interest in two mineral exploration licenses, 21509-HQ-LEL and 12124-HQ-LPL, (the Solwezi Licenses), which are held by subsidiary of Kam Chuen, Zambian Highlight... see more

TSXV:MMA - Post Discussion

Midnight Sun Mining Corp. > Alaska and now Minnesota, the U.S. said NO to permits
View:
Post by Magnum2 on Jan 31, 2023 3:36am

Alaska and now Minnesota, the U.S. said NO to permits

on two fronts, this is the Minnesota info...

Major copper miner stunned by government ruling | Kitco News

M
eanwhile Blanken is trying to secure strategic/critical metals throughout the Globe, what a disaster, this will only further increase metal prices as "former Mining jurisdictions become Green".
Comment by rinagek on Jan 31, 2023 8:02am
This post has been removed in accordance with Community Policy
Comment by Murfed34 on Jan 31, 2023 11:58am
The climate for copper is as good or better than it's been in a long time. North of $4, massive inventory shortages, strife, strikes, government interventions and permit halts/cancellations and yet here we are, still languishing and crickets on the news release front, drills results still pending - such good times. I expect another private placement dilution before we get the drill results ...more  
Comment by Sherry35 on Jan 31, 2023 1:24pm
Thank you for sharing. Given the Canada Federal Gov's "Orders Three Chinese Firms to Divest From Country’s Lithium Miners", FQM minerals would a suitable buyer of our project should Industry Canada and MNR have final say over the sale of the MMA exploration permits. Also, I would like to stick it to RIO pricks for twittling their thumbs.   Well ... they can find 5 minutes ...more  
Comment by Sherry35 on Feb 01, 2023 12:06pm
Mufred34 - You are right about another private placement which I suspect considering MMA historical annual placements were aroun $1.2M. I like the 5.6 cents per share with a 10 cent warrant price. Is this a TSX mistake in printing or did 12 placees just get an amazing deal with 300% on investment? ++++++++++++++++++++++++++++++++++++++++++++++++++++++ Midnight Sun 12.5-million-share private ...more  
Comment by Murfed34 on Feb 01, 2023 1:02pm
From newswire.ca -     MIDNIGHT SUN MINING CORP. ("MMA") BULLETIN TYPE:  Private Placement-Non-Brokered BULLETIN DATE:  January 31, 2023 TSX Venture Tier 2 Company  TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 25, 2023:  ...more  
Comment by Sherry35 on Feb 01, 2023 1:07pm
Did you see the "Non-Brokered Private Placement announced January 25, 2023"? Maybe I had to many G&Ts that day. Are they chatting about this on LinkedIn? I'll find out soon enough as the grapevine works it magic.
Comment by Sherry35 on Feb 01, 2023 1:17pm
75% discount with 6 days lead time to particpate. Perhaps to much single malt scotch in the Vancouver Airport executive lounge?
Comment by Murfed34 on Feb 01, 2023 1:07pm
Is this even legal? How can they issue shares at a 75% discount to the current market price and how can insiders amass 25% of the offering at these prices? Are where is the required news release? This is turning the wrong direction I fear but at least they are all averaging down in the C-Suites in Vancouver so the fall for them won't be nearly as far.