Midas Gold

MAX-T

Analysis and Opinions about MAX-T

Signal
Opinion
Expert
COMMENT
COMMENT
March 5, 2019
They're in Idaho which takes time to permit, though it's good geopolitcally. Has a good grade for an open pit, 1.7 grams. The metallurgy, though, is a slight issue--can they find enough capital? Barrick has made a major investment under the old CEO in early-2018, so where does it fit under the new CEO? Their annual production could top 300,000 ounces a year. Brent Cook: The permit process is moving ahead slowly. It's one of the few better deposits in the US not owned by a major.
Midas Gold (MAX-T)
March 5, 2019
They're in Idaho which takes time to permit, though it's good geopolitcally. Has a good grade for an open pit, 1.7 grams. The metallurgy, though, is a slight issue--can they find enough capital? Barrick has made a major investment under the old CEO in early-2018, so where does it fit under the new CEO? Their annual production could top 300,000 ounces a year. Brent Cook: The permit process is moving ahead slowly. It's one of the few better deposits in the US not owned by a major.
Joe Mazumdar
Editor & Analyst, Exploration Insights
Price
$0.850
Owned
Unknown
BUY
BUY
March 6, 2018

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.

Midas Gold (MAX-T)
March 6, 2018

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.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$0.950
Owned
No
WATCH
WATCH
March 6, 2017

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.

Midas Gold (MAX-T)
March 6, 2017

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.

John Kaiser
Founder, Kaiser Research Online
Price
$0.760
Owned
Unknown
COMMENT
COMMENT
May 12, 2016

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.

Midas Gold (MAX-T)
May 12, 2016

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.

Rick Rule
Pres. & CEO, Sprott USA
Price
$0.670
Owned
Unknown
COMMENT
COMMENT
March 8, 2016

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.

Midas Gold (MAX-T)
March 8, 2016

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.

John Kaiser
Founder, Kaiser Research Online
Price
$0.370
Owned
Unknown
COMMENT
COMMENT
June 26, 2015

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.

Midas Gold (MAX-T)
June 26, 2015

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.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$0.370
Owned
Unknown
BUY
BUY
March 4, 2014

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.

Midas Gold (MAX-T)
March 4, 2014

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.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$0.990
Owned
Yes
COMMENT
COMMENT
March 6, 2013

One of the best deposits in the US. 7,000,000 ounces at about 1.7 g plus an antimony (?) kicker with it. A fantastic deposit. There is a lot of questions as to whether it gets permitted or not but he thinks permitting goes ahead. Getting hammered by funds redemptions. Tempted to buy this again.

Midas Gold (MAX-T)
March 6, 2013

One of the best deposits in the US. 7,000,000 ounces at about 1.7 g plus an antimony (?) kicker with it. A fantastic deposit. There is a lot of questions as to whether it gets permitted or not but he thinks permitting goes ahead. Getting hammered by funds redemptions. Tempted to buy this again.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$1.340
Owned
Unknown
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