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mustwin99

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mustwin99

Re: None

Friday, 07/03/2015 4:56:14 PM

Friday, July 03, 2015 4:56:14 PM

Post# of 2531
Midway Gold Gamble Lost

The quality of those guesses often vary by the size of the mine and which company is behind it. According to industry watchers Midway was run on a comparative shoe string and there was little margin in the company reserves to allow a slower than expected start up.

Industry analyst stated that Midway had no where near the deep pockets that Newmont or Barrick has to develop a property. Yet even for the big boys gold mining yields far more misses than hits and it is still a gamble.

http://www.coyote-tv.com/2015/07/02/midway-gold-gamble-lost/


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