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Gold/Mining/Energy : Midway Gold -- Ignore unavailable to you. Want to Upgrade?


To: J.E.Currie who wrote (591)3/3/2006 4:15:14 PM
From: james flannigan  Read Replies (1) | Respond to of 1035
 
Well Jimymac, I guess the insiders own a lot of stock and last weeks sales are a very small portion of their holdings.Yet still with limited liquid stock,the selling of only a small amount from a few insiders can destroy value for those that have no inside look at drill results.As I have stated I think this company is sitting on a major gold find at Spring Valley,and I guess when the rest of the world finds out, then a few inside sells will not hurt the stock price.In the near future I think that the SV reserves may attract attention to this play.MDW will be on the lips of many.I have heard that Barrick is looking at the Spring Valley results.If Barrick thinks 5+ million ounces may be present at SV,they would make a bid ASAP because they like to keep any future blue sky for ABX shareholders.I think this month could be exciting for MDW shareholders. James



To: J.E.Currie who wrote (591)3/6/2006 10:21:12 AM
From: james flannigan  Respond to of 1035
 
Tick tick tick.The clock is ticking towards the resource calculation for Spring Valley.At any time now those ounces could be delivered to the market.At that point the market will not ignore this story any longer.The days of $2 stock may soon be gone for good. James