Stifel Nicolaus initiates Midway Gold (MDW -2%) at Buy, foreseeing production of 150K-200K...

|About: Midway Gold Corp (MDW)|By:, SA News Editor

Stifel Nicolaus initiates Midway Gold (MDW -2%) at Buy, foreseeing production of 150K-200K ounces annually with strong cash flow while retaining a prospective exploration upside. "In an environment where capital and operating cost inflation has marginalized large development projects, MDW's assets generally represent a portfolio of high return, technically simple, compact projects."