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CohibaMan

08/15/10 5:06 PM

#65605 RE: *LAO* #65602

I also think gold will be hot again, so one of my picks for next week is JAG @ 6.11 This stock is being punished for not meeting expectations, but the company was pretty clear that switching from one sort of mining to another caused it to miss its stride a bit, but now they are back on track with the new system and will mine just as much, if not more than before. If gold continues the increase in price, which I believe it will, JAG will make nice money. That major dump last week was an over-reaction to a good company in a great sector right now, the smart money will snap up the bargain prices. ALso, this stock was downgraded to BUY from STRONG BUY, or to MARKET PERFORM from OUTPERFORM which is NOT the same as a downgrade to STAY THE HECK AWAY from BUY. As gold keeps moving up, PROVEN gold miners will go up as well.

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novicetrader

09/07/10 9:06 PM

#66747 RE: *LAO* #65602

MDW..Lao,did you get back in this?Hope it goes now.

Form 8-K for MIDWAY GOLD CORP
7-Sep-2010
Other Events
Item 8.01. Other Events.
The Company closed a private placement in April 2010 for aggregate gross proceeds of Cdn$800,000 and a public offering in June 2010 for aggregate gross proceeds of Cdn$6.6 million. As a result of these financing activities, as of the quarter ended June 30, 2010, the Company had working capital of Cdn$6,345,847, as reported in the Company's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on August 11, 2010. Section 610(b) of the NYSE-Amex company guide requires that companies listed on the NYSE-Amex provide notice of any going concern qualification contained in an audit opinion such as that contained in KPMG, LLP's audit report for the Company's audited annual financial statements for the fiscal year ended December 31, 2009, included in the Company's Annual Report on Form 10-K, filed with Securities and Exchange Commission on March 30, 2010. Management believes it has sufficient working capital to meet its obligations and fund operations for the next 12 months and, therefore, has resolved any going concern issue.

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