Midnight Sun Mining Corp V.MMA

MMA, we are ready for drilling and production

[Magnum2]

development News....the News should boost the SP and start the conversion of warrants, add more to the coffers.

GLTA

[Sherry35]

I'm back. BA HAH HAH HAH With drill season half over and "add more to the coffers.", I want to read about 2 drills running on Zone 22 and 2 drills running on Dumbai by the end of August. This company's worth is measured by the NI43-101 report. Yep, that nasty NI 43-101 report. There is always some excuse for delaying a drill program. It is a reoccurring theme that the executive

[Sherry35]

Where are the drills? Three years in a row this company wastes the first 4 months of a 8 month drill season. You would think they would have learned their lesson with RIO. Lots of cash in the treasury yest still no drilling. Don't wait for FQM to decide a drill program, just start drilling on  May 1st. Something needs to chnage. Any suggestions?

[windymayor1]

Agree with you on time lines. I am not sure if there is seasonal or year round drilling in Zambia and I am familiar with this company's past exploits but my concerns are: 1) MMA is pleased to have our $$ but we have not received any updates for 2 months since. 2) Momentum is gone and news on drilling, action plans on the 2 projects could have kept feeding the mkt, especially after last month&

[Murfed34]

Not exactly sure when the drilling season starts and ends over there but I am sure we are currently in it, and have been for at least 2-3 months. I am 100% certain you will never hear when the drilling season is from MMA or the management team. It seems like every drilling season we hear about the grand plans they have, then crickets for a few more months, then a update explaining why they didn

[Sherry35]

The hard constraint with Zambia explorationb is drill season starts May 1st and ends December 30th. due to the monsoons. Of course this is influenced by mother nature with respect the monsoon duration and the ground drying. The premimium property is Zone 22 which was reserved for FQM. FQM just signed a deal 7 days ago with another Zambia company. I suspect this recently announced business

[windymayor1]

I was suspicious when they announced the "Cooperation exploration plan" in April.. Sounds like nothing more than a hand shake agreement? Now you say they have signed a deal with an other company.  I can't see anything to this effect on FM's website. Is it a deal to explore for and access oxide-copper? 

[Sherry35]

Tertiary, First Quantum sign Zambia copper exploration deal First Quantum is committed to funding a minimum of $1.5m (C$2.06m) in exploration expenditures. Click here - FQM deal with Tertiary Minerals Who is the lead "on staff" SME of the Zambia geology? Where is his drill program for Zone 22? Is Simon still employed by MMA because his name is not on the MMA Web page?  The

[windymayor1]

Thanks for this info. Apparently this agreement is at the Sentinel mine 200 km away from MMA's project. Not sure who SImon is but their board, advisors and new additional of Kevin Bonel as COO stuck up pretty well! Perhaps they are in blackout hence the lack of news flow.

[Sherry35]

To give credit where credit is due, and based on two conversations, Matt did an excellent job putting the KoBold earn in agreement together. He researched other earn in contracts and cut out unnecessary fluff expenses. He stated "I want to maximixe every dollar being spent on exploration". Talk to him about his research. In the second conversation there was mention of FQM running low on