- An investment case in Midas is denoted by low-cost, sustainable gold (and antimony) production for more than a decade, in a safe mining location.
- Midas has yet to achieve a couple of significant permitting and development milestones spread over a 5-year horizon, and therefore, is not promising in the near-term.
- A key investment consideration is whether the company will be able to manage the project as per schedule and if the gold price environment would continue to favor the company.
- An appropriate investment strategy could be to allocate only a small portion of your portfolio to this future miner, despite the attractive valuation.
For further details see:
Midas Gold Corporation Requires You To Be Patient