Post by
retiredcf on Oct 01, 2014 8:16am
Impressive Performance
As is often the case, Sept was a lousy month for markets and commodities in particular. With that in mind, the performance of MDW (up 17%) has been extremely impressive. Clearly there are lots of investors who feel that this company has a very bright future. GLTA
Comment by
easycoder on Oct 04, 2014 8:50am
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Comment by
retiredcf on Oct 08, 2014 12:12pm
With targets ranging from $1.50 to $2.00, any takeover bid would have to be at least in the $1.75 area. But you're right, the company has the ability to do very well on its own. GLTA
Comment by
retiredcf on Oct 09, 2014 7:10am
Now that the price of gold has reversed course (up $25 this morning) after a release of the Fed Minutes indicated that there will be no early interest rate increase in the US, we better raise the minimum takeout offer to $2.00. GLTA
Comment by
spamme on Oct 09, 2014 9:04am
The only take over offer would come from Barrick since it is the largest shareholder and carrying our biggest project. However Barrick is not performing very well to put it mildly. i think 2 would be low ball offer and not sure if it would be accepted. I would personally reject it.