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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Ptaskmaster who started this subject3/7/2004 8:56:40 AM
From: Wayne Whalen   of 4051
 
Midway Gold's (MDW-T) JV partner Newmont, is beginning their 600 hole drill program on Mar 8th 2004 with an additional drill rig coming Mar 14th. Also Midway is drilling their 100% owned Spring Valley property with two drill rigs which started in Jan. There are 18M shares outstanding and a market cap of $37M. It is extremely under valued at this point and probably the best gold buy out there. Both drilling programs are in Nevada in the good ole USA. Midway has pretty poor PR but they make up for it in their ability to find gold and a major find won't stay hidden forever but because of their poor PR it is an excellent buying opportunity if anyone will sell because volumes are low and people like me won't sell. Check it out, you won't be disappointed. Us Canadian investors aren't known to be great risk takers and MDW at $2.03 a share is not risky in my opinion.

Wayne Whalen(Canadian Investor)
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