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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 Sep 23, 2021 2:31pm
322 Views
Post# 33908473

Early October, we'll see if

Early October, we'll see ifany shares of that PP become free trading.

Murfed, while that News was subtle, I think RIO Tinto is now onto the structure with ground workings and drillings, Phase 3 should be the turning point of this one.  If you haven't spoken IR, you need to call.

I was hoping to load a pile more ahead of Phase 3 results, I will say November(perhaps rumors from phase 3), but it already appears bids are creeping higher and getting deeper instead of thinning out and falling off.
I will definitely add more, but it appears I will NOT be getting them in the twenties as I had hoped.

The price of Copper has been all over the map, but is still holding above $4.00USD$/lb., I believe over the next several quarters infrastructure demand, 5G and EV demand will strain Copper prices once again.

DYODD

Disclosure: holding strong MMA, looking to add, no bids at present
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