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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 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... see more

TSXV:MMA - Post Discussion

Midnight Sun Mining Corp > This will be a 20 Bagger +.... mark this post
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Post by Magnum2 on Mar 10, 2022 11:27pm

This will be a 20 Bagger +.... mark this post

The pieces of the puzzle are coming together now ahead of the second drill program results.

Still on the bid @23 cts, but so far by far my largest holding ever, locked and loaded (approaching 800K shares).  Meanwhile the LME Copper inventory just continues to tighten.

Rio Tinto just walked away from Russian assets + they are in bed with a Russian Co. in Australia, so you know they need to speed the process up here ten fold to get replacement mines fast tracked into their que.  Expecting a flatout third drill program by Rio Tinto.

DYODD

PS Holding MMA shares and on the bid for more
Comment by thankmelater on Mar 11, 2022 9:54am
Part of Rio's strategy was acquiring all of MMG's interests in the area around us . Makes MMA a prime strategic target. 20 bagger very possible
Comment by Sherry35 on Mar 11, 2022 11:30am
When I orginally invested in this company 7 years back at 15 cents, I was looking at $1.80 per share based on the executive team's numbers from their drilling and historical data. Given the video mentioned 10B pounds and the tight supplies on copper, Im looking for $4.00 per share. One thing Ive been wondering about is First Quenatum position in heving this neighbouring property acquired by ...more  
Comment by thankmelater on Mar 11, 2022 12:28pm
Rio Tinto have not acquired any interest in our lproperty as yet. They are still in the earn in phase . As far as i am aware they have to spend a minimum $ 19 million before they earn any interest .  I believe they are way short of that . Best would be an auction for the Company but they would like to see the size of the prize.
Comment by Murfed34 on Mar 22, 2022 9:57pm
Sadly thankme, I fear you may be correct on the 20 bagger. My concern is due to the lack of any news at all, shareholder apathy will have eroded this stock to low single digits and we see a share price of 20 or 40 or 60 cents. Actually, after holding this at increasing levels for over 4 years, I would be so happy to see .60 and run from this as fast as I could...tres disappointing for a good story ...more  
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