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Bullboard - Stock Discussion Forum Midway Gold Corp V.MDW

Metals & Mining Gold

TSXV:MDW - Post Discussion

Midway Gold Corp > RE:Waiting on the Spring Valley Update...
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Post by cre8value on Aug 12, 2014 10:49am

RE:Waiting on the Spring Valley Update...

Finally got the update. Nice. Over 100% increase in M&I at Spring Valley. Now it looks like the total deposit is pushing over 5 million oz. Now you can see why Barrick pushed the investment ahead. So, the stock got crushed on the equity dilution and Barrick gets another 5% of Spring Valley. The company is cashed up with a low stock price and lots of gold. This is the perfect formula for a low buyout...
Comment by EdgarL on Aug 13, 2014 12:26pm
Would you say Midway is a prime candidate for takeover by Barrick?  Or are they happy with status quo?
Midway Gold Corp
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