Midway Gold Corp. (fka MDWCQ)

[TexasRambler]

short term, the fact that there is no news is a little bit encouraging. I see it that the two sides are close to a deal and are working on the finer points. otherwise we would already have got the word of no deal, bk, etc. one point on that is a lot of times death blows are dealt Fridays after close. but low volume and no crashing share price suggest not today.
long term totally depends on the price of gold. I think at 1200 the company eventually closes. need 1350 or higher to make a go of it.
but, for now, I now think odds are in favor of new financing. jmo.