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Midland Exploration Inc V.MD

Alternate Symbol(s):  MIDLF

Midland Exploration Inc. is a mineral exploration company focused on deposits of gold and critical minerals. Its operations include the acquisition and exploration of mining properties. Its Abitibi projects include Casault/ Wallbridge (Au), Fleuribleu (Au), Gaudet-Fenelon/JV Probe Metals (Au), Heva (Au), Jeremie (Au), Jouvex (Au), Lewis (Au), Maritime-Cadillac/ JV Agnico Eagle (Au), Mistaouac (Au-Zn-Cu), and Nickel Square (Ni-Cu-Co-PGE). Its James Bay projects Eleonore Centre (Au), Eleonore/JV Electric Elements (Au-Cu-Ag-Li), Elrond (Au-Li), Elrond West (Au-Li), Galinee (Au-Li), Helm’s Deep (Au), and Komo (Au-Li). Its Grenville Project includes Tete Nord/Rio Tinto (Ni-Cu). The Casault/ Wallbridge project is located about 140 kilometers north of the town of Lasarre, in Abitibi, Quebec. The Fleuribleu project is located about 40 kilometers northwest of the town of Matagami, Abitibi, Quebec. The Heva project consists of two claim blocks, Heva West (4 claims) and Heva East (30 claims).


TSXV:MD - Post by User

Bullboard Posts
Comment by LukeSmithon May 19, 2015 8:17pm
62 Views
Post# 23742742

RE:RE:Looks like a good one

RE:RE:Looks like a good one
It is more about what they do with that money that I care about than the number of shares out. If they put the money to work to create a bunch of new projects that others put up even more expertise and money to work into a discovery I will be happy. If they spend the money on promotion and a fancy office that is when the number of shares going up really matters. 

Another way to look at is that there enterprise value is still roughly the same but now their cash to price ratio is way better. New buyers can plan ahead a lot longer with all that cash in the till. Maybe they will value that and price it into the share price of the company over time. For now I would watch the shares coming back to the market four months after they were just printed up. Then the price of the warrants when and if the share price goes up. Their price should run into some resistance at thoes twwo prices. 
Bullboard Posts