How does Midas Fund select which companies meet its gold investing objective?
Successful gold investing depends on many factors. Chief factors considered by Midas Fund’s investment manager in gold investing, among other things, are the ore quality of metals mined by a company, a company’s mining, processing and fabricating costs and techniques, the quantity of a company’s unmined reserves, quality of management, and marketability of a company’s equity or debt securities. In gold investing, management emphasizes the potential for growth of the proposed investment, although it also may consider an investment’s income generating capacity as well.
