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

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TSXV:MMA - Post Discussion

Midnight Sun Mining Corp > The week the Rio Tinto JV was announced, Copper traded

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Post by Magnum2 on Mar 13, 2022 11:57am

The week the Rio Tinto JV was announced, Copper traded

in range of $2.15 to 2.35 USD$/lb. fast fwd Spot Copper is now $4.60ish and traded as high as 5.00USD+ as Copper broke thru to all-time highs.

As I mentioned in an earlier post, the share price is back to the Summer of 2020, shortly after the JV was announced.

So undervalued IMO, can't wait to see the drill results from the second campaign....and the plans for the 3rd program. Anyone that knows Rio Tinto, knows that only "an elelephant sized deposit" benefits them.

DYODD

Futures Copper Chart Weekly (finviz.com)

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