Hebba Investments
Long only, value, contrarian, gold & precious metals

Midas Gold: Shares Slightly Undervalued But We Believe Investors Should Wait For A Better Entry Point

We will give a brief overview of Midas Gold (OTCQX:MDRPF), its primary project, and a projection based on its Preliminary Economic Assessment (PEA) study to determine whether the company makes a good buy at the current price. Of course, as with any explorer, there is a lot of work left to prove and de-risk this project and investors should always be cautious and follow the company's news releases to reassess their position - no exploration company is ever a "buy-and-forget-about" it type position.

Finally, our analysis relies heavily on the PEA issued by the company that may or may not hold up in the long-run (which is why it's preliminary after all), but we do believe it provides...

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