This news came from MidasGoldFund (midasgoldfund.com), the program that has been monitored by HYIPNews.com since February 2, 2011 and can be found in our HYIP-list here. The administration has published a press release. It is informed that more than 1,000 members have already joined the program. Warren Lincoln, a President of Midas Gold Fund, has commented on this event: "I am delighted to see how we are being received by investors. It is a testament to my team and their abilities of reaching 1000 members since we opened Midas Gold Fund to public investment."
It is also informed about the results of business deals and successes that have been achieved since the day of launch (January 24, 2011). It is not quite clear what exactly has been achieved, there are lots of words that just inform that everything is great. The only clear sentence is: “Midas Gold Fund has concluded on a delivery contract of physical gold in the amount of 100oz”. If this company is really involved in real business, I think you should contact the administration and ask to provide you with more detailed information on their business deals. At long last, they use YOUR money for their business and even thank all investors for providing funds: “Investor funding provides necessary funding to Midas Gold Fund's growth and expansion within the highly profitable arena of hard asset commodity trading. With investor funding, Midas Gold Fund has concluded on its first business contract within the life cycle of gold.”
P.S. If you have anything to say about MidasGoldFund, please do it in the comments to this news. BTW, there are rumors of suspicious contacts and activity of a MidasGoldFund’s admin. All these rumors and the program continue striving forward. However you should know about this in order to make the right decision.
UPDATE. The information circulating in rumors still have no any eveidences and facts. Midas Gold Admin do not agree with any complaints and don't know about any problems in the project. Looks like it is true.