Brent CookMidas GoldMAX.TOCOMMENTMar 06, 2013

Has known this for a long time. Based in Idaho. A high-grade deposit in a difficult location with environmental issues on the ground that they can solve. (Salmon can't get past the pit.) It's a good deposit. The best undeveloped gold deposit in the U.S.

They are going to mine both gold and antimony on a decommissioned site, but it only works at $1600 gold. They are raising money, permitting and drilling, but will anything get permitted in Idaho with Trump’s anti-globalization policies. Antimony mostly comes from China.

Good management, but thinks they made a mistake a few months ago by diluting the existing shareholders over 100%, to move a project into production that would have benefited from higher gold prices. Despite the mistake, the market will like it. Thinks the stock is going higher.

This really needs $1300 gold for their Stibnite project to be viable. The ounces are higher grade and they have $1 billion in CapX. Just raised $55 million. It could be another 3 years.

Probably some of the best undeveloped deposits in the US. Nice grade, big, multimillion ounce with a bit of antimony kicker. If you are looking for something with leverage to the gold price, this is probably it. The drawback is that it is a big CapX of probably $700 million plus to build, and is a long permitting process.

A large deposit of gold and antimony. A very economic deposit. They have a long way to go. The permitting is doable and it is 4 or 5 years out. Then they will be a takeover target.