Post by
VanWilder1 on May 27, 2015 1:15pm
Decent Volume......Buying
It appears since the last 2 PR updates, the bottom is in. Decent volume now in the $.092 range. IF you look at total volume traded below the $.085 level, it amounts to nothing. Any new of an extension, or proposition giving MDW another 3-6 months to figure their way out o this debacle will move the share price back aobve $.16 in my mind.
The stakeholders are working on keeping them operating. The question is do they Monetize Spring Valley now, or do they setup an agreement with Royal Gold taking out the majority BOA debt.
Lots of options, but survival wil be the outcome in my mind. MDW will survive at the $1200+/- gold level in my estimation.
Comment by
VanWilder1 on May 27, 2015 1:18pm
102,000 currently on the bid at $.09 FYI. Ask is building. 2x-4x potential here within 8-weeks IMO.
Comment by
RedBullbear on May 27, 2015 1:58pm
If someone told me that managements friends and inlaws were wholesale buyers at this point,and trading down to buy down lower, well lets just say....It wouldn't shock me. I agree with doubling or even tripling over the next month or so.