hi guys..
imo this is a real gem thats way oversold..
midas will put some resource figues on the table shortly.
and some have said it maybe over a million oz..
company is well managed by:
Mr David Donald Boyer
Mr Rhoderick (Rhod) G J Grivas
Mr Terrence (Terry) Ernest James Streeter
major shareholder: harmony gold mining company..
some drilling results:
The Lake Carey Project: Prospective for gold and located near Laverton in
Western Australia. Resources as at June 2003 were estimated at 6.6Mt @ 2.2g/t Au
MDS' strategy for this project will focus on exploration, increasing the
resource base and advancing feasibility studies with a view to commencing
mining. In April 2003, drilling returned 5m @ 14.9g/t Au and 15m @ 4.83g/t Au at
Fortitude. RC drilling in December 2003 intersected 14m @ 8.17g/t Au and 5m @
13.35g/t Au.
The Phantom Well Project: Located 5km south of Fortitude and comprising the
Stealth and Mirage prospects. Drilling in May 2003 returned 3m @ 18.7g/t Au and
10m @ 2.8g/t Au at Stealth.
we all know that in a year or two gold will most likely be well over US$500.
this will sit in extremely well when midas start mining operations..
imo this is an excellent opportunity, for a longterm buy.
regards
hi guys..imo this is a real gem thats way oversold..midas will...
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