RE:RE:RE:Breakout.....
If you check the tape, there was NO real voluem at $.04, and very little real volume below $.08. All the volume traded on MDW in the past 3 weeks is betweeen $.105 - $.26
Not a bad range, and most of the longer term holders still have their shares or we woudl have seen several 20M plus volume days.
I expect an extension with terms from BOA in the coming days, and that should propel MDW back toward $.20+ very quickly. Since they have 33k ounces under leach currently, I think it makes sense for BOA to let them operate 90-180 days longer, and see how it plays out.
Barrick and Spring Valley Value is the other level they can potentially pull to gain some time...........
Van