Midnight Sun Mining – KoBold Metals Earn-In On The Dumbwa Target In Zambia, Backed By Some Of The Largest Tech Names In The World
I introduced Midnight Sun Mining (“Midnight Sun” or the “Company”) (TSX.V:MMA – OTC:MDNGF) back in August. The Company is a battery metals explorer focused in Zambia at the Solwezi Project. On the Project there are four main areas, Dumbwa being one we focused a bit more on.
On February 20th, Mindnight Sun announced it was joining forces with KoBold Metals on the Dumbwa area. KoBold is a privately held AI driven battery metals exploration company that is backed by some of the wealthiest people in the tech space. Investors include Jeff Bezos and Bill Gates among many others.
Adrian O’Brien, Director or Marketing and Communication at Midnight Sun joins me to discuss the deal with KoBold. I ask how the deal came together with KoBold and the work KoBold will be doing in the near term. Midnight Sun also plans to advance the other areas on the Solwezi Project this year.
If you have any follow up questions for Adrian please email me at Fleck@kereport.com.
(I own Midnight Sun currently and have owned it in the past. Copper potential in Zambia.)
GoBold = KoBold
Some of you better look away from this post:
The good news is the bottom is in and the factual proof is nothing more than GoBold investments.
GoBold is an investment private group of Billionaires and other very well placed Silicon Valley investors. I have no objection to this organization providing liquidity to Juniors, but if you go to their site it won’t be clear where their almost 50 projects are identified.
Here is the real point: GoBold has some of the very investors (Magnificent 7) that profited the most from years of Market Intervention. Now they are United in an investment group that is not only trying to invest in Junior miners but doing their investments when equity prices in the mining sector are at or near low. There is no reason to discount the timing of their investments making claims they are guessing or maybe just astute lucky participants in our area.
Rather take it as a leading indicator in a change to “commodity prices and equity values” as these are the ones most rewarded in the past for market intervention and are possibly “more skilled” in benefitting from market intervention.
We will see, but it very well be the bottom is in.