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Midnight Sun Mining Corp V.MMA

Alternate Symbol(s):  MDNGF

Midnight Sun Mining Corp. is a Canada-based company, which is focused on exploring its flagship Solwezi Project, located in Zambia. Its property is situated in the heart of the Zambia-Congo Copperbelt. It holds a 60% interest in two mineral prospecting licenses, 21509-HQ-LEL and 12124-HQ-LPL, the Solwezi Licenses, which are held by a subsidiary of Kam Chuen, Zambian Highlight Mining Investment Limited. Its properties comprise 506 square kilometers of prospective geology contiguous to the mine license held by First Quantum Minerals, which includes the Kansanshi Mining Complex. Its target areas include Dumbwa, Mitu, Kazhiba (22 Zone) and Crunch Zone. Dumbwa is a Tier-One exploration target, featuring a remarkable copper soil anomaly. Mitu is a target area located in the southwestern portion of its Solwezi Project. Crunch Zone is situated between the Kazhiba Dome in the northwest and the Solwezi Dome in the southeast. Kazhiba is located 20 kilometers northwest of the Solwezi Dome.


TSXV:MMA - Post by User

Post by Magnum2on Dec 25, 2020 3:49pm
189 Views
Post# 32182905

Tried to post a 5 year LME Copper inventory chart

Tried to post a 5 year LME Copper inventory chart...anyhow SH wouldn't let the material post.  

Crux is that Copper inventories on the LME have been disrupted by the COVID lockdowns and now we are approaching levels that will end up like lumber prices.  The chart showed lower highs and lower lows of Copper inventory....based on what I see, somewhere in the next 6 months the rubber will hit the road and Copper prices could spike....could be great timing for some Rio Tinto/MMA drill(two drill campaigns, with one due very soon) results.

DYODD

GLTA in 2021
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