Mackay Gold & Silver: Novel Idea But Too Much Risk

Mackay Gold & Silver is a Nevada-focused gold and silver explorer, currently pre-revenue and rated Sell due to high risk. Recent land consolidation and the Comstock acquisition provide exploration upside, but resource confirmation is pending and historical data are dated. Phase 1 drilling targets 1–2 million ounces of Au at Despite $60.3 million in financing, dilution, liquidity, regulatory, and environmental risks remain significant; confirmation of a mineable resource is critical. Mackay Gold & Silver ( MKGSF ) is a Nevada-focused gold and silver exploration company. It is pre-revenue but has some appeal to its profile and is employing a novel strategy to build future assets.