Came across Medusa Mining at the Master Investor Show last Saturday and was most impressed. I listened to two presentations by the MD Geoffrey Davis and had a long chat with Roy Daniel the F.D.on 25th April. This company is dual listed, on the ASX and on AIM, and its shares can therefore be put into a Shares ISA. The company owns the CO-O mine in East Mindanao, in the Philippines and became profitable this year. It is a low cost gold producer with an average production cost of some $210/oz. It is currently producing gold at an annual rate of 50,000 ozs. But this is already planned to be geared up to 100,000 oz/annum by early in 2010. I bought my first tranche of Medusa shares today plus a lot more for my mythical £1M fund on here - which I'm pleased to say is doing well! The company announced a new high grade vein discovery on 1st December 2008 after which the shares have raced away!! Seehttp://www.medusamining.com.au/newsroom/asx/081201_coo.pdf
The company web site is at http://www.medusamining.com.au
Well worth a look in my opinion!!