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Midway Gold Corp V.MDW



TSXV:MDW - Post by User

Post by segltechon Oct 31, 2014 11:00am
204 Views
Post# 23081550

Hedged

HedgedGold keeps going down. It is a good thing that we are hedged at $1200 for 2 years production. We also have sufficient funds to commence production in 1st quarter of 2015 at a low production cost. We also hace a JV with Barrick for Spring Valley. Our current share price is obviously based on the overall metals market. Other mines are being forced to close because of the dropping gold price which will also create a gold shortage over time.
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