hi guys..
i believe that midas is exceptional value present 11.5 cents.
seeing gold is at US$4.12oz if it can hold and even continue up. thats the 64,000 dollar question
then i'd expect midas share price will increase rapidly.
as yet midas isn't a gold producer, but it does have some extremely good turf. and has produced some good drilling results thus far.
we can expect shortly some idea as to the resource figure perhaps around 800k or so.
i suggest people have a look at the recent (24/2/04) company update you can obtain it from www.midasresources.com.au
under latest news and results.
midas share price is at present rock bottom, and imo can only get much better
you have Don Boyer as chairman first class in the mining industry.
major shareholder Harmony & Terry Streeter.
should the gold price hold or increase, current share price will be a distant memory..
i suggest you do your own research.
i hold (plus options mdso) and will be a longterm holder..
regards
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