Stockchase Opinions

Jon Case Midway Gold MDW-T DON'T BUY May 30, 2014

A gold developer in Nevada. Their main asset is the Pan Project which is fully permitted and just going into construction at the moment. Simple, low cost production ultimately when it comes on. Good jurisdiction. Low risk in terms of executing. The hang-up he has is the valuation. To get your head around the current valuation and current market cap, you have to ascribe quite a bit of value to some of their other assets.

$0.900

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