The Investment Doctor
Long/short equity, value, debt, base metals

Midas Gold - Does Anyone Want More Antimony?


In this article I'll have a look at Midas Gold (OTCQX:MDRPF), which hopes to develop its Gold-antimony mine in the mining-friendly state of Idaho in the USA. Midas has recently completed a PEA on the Golden Meadows project outlining a production scenario of 390,000 ounces of gold per annum in the first 8 years of operation, combined with 9.9M lbs per annum of Antimony (4500 tonnes). The total resource estimate contains in excess of 7 million ounces of gold.

I'll start with the Golden Meadows project, make a case for the project, move over to a sensitivity analysis and will give some more information about Antimony and why I like the commodity. This will result in my...

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