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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

Comment by Sherry35on Mar 17, 2023 11:58am
307 Views
Post# 35345150

RE:RE:RE:Stock Option Grant

RE:RE:RE:Stock Option GrantMr. O'Brien - I guess I was right about the forth coming US recession given 2 consecutive negative GDP quarters, yield inversion, layoffs, inflation to planet Pluto. Not bad for a disgruntled MMA investor.

Click here to read ZH article.

Looks like the Bay Street Insolvency Cartel (BSIC) will be busy over the next 1 to 10 years with CCAA and bankruptcy cases. Interesting read those KSV CCAA documents. Brings back memories of the Nortel CCAA and hobknobbing with MPs (Jack, Stephen), MPPs and MLAs.

So, I suggest you start helping the team by utilkizing your career expereinces in rapidly formulating a plan that maximizes the investor cash (i.e. tresury) to determine the worth of the Solwezii permits by year end. I can 100% guarattee you that investor money will be sitting on the sidelines wiating for the bottom of the recession (marked 3 capitulations) unless you have a compelling story. Compelling meaning funky looking 3D models, 500M lbs of copper, 4 points of the compass extensions etc.

Remember 3 month reporting cycles once drilling starts either by a MMA governed drill program or farm-in. On the latter, for pete sakes put some KPI's in the freaking contract so we can actually see progress every 3 months.

May I suggest you take blitzscaling style move in contracting Ivanhoe Electric to do geophysics study using their proprietary geophyics technology. I think they signed a contract to do explorationin a cash strapped ;) country called Saudi Arabia.
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