Website: www.midexgold.com

MDXO is a diamond in the rough! MDXO is positioned to take advantage of Tanzania's rich mineral resources by developing a select portfolio of near-term gold and diamond production projects. With the company's network of strategic relationships with senior mining professionals and government officials in Tanzania, it is poised to identify key mining concession targets that are ready to be developed.

It is no mistake that Tanzania has become the investment destination of choice for some of the world's biggest names in mining. In fact, two of our big gold picks this year DROOY and LVCA were focused in Tanzinia as well and both went up as much as 220% and 63% since our profile! Could MDXO be next?

What really caught my eye about MDXO is the fact that even though it's a new issue that has only traded for 7 days it made two very major announcements. The first major announcement was that they acquired the rights to the Magembe Diamond Project located in the Shinyanga district of northwestern Tanzania. The previous owner of this property recovered 41 diamonds in 12 of the 60 test samples at this property!

The Magembe diamond property is 46 square kilometers and consists of consists of a number of prospecting licenses that are located directly adjacent to the eastern, northern and western boundaries of the Williamson Mine, one of Africa's most significant diamond producers. Currently owned by De Beers and the Government of Tanzania, the Williamson Mine production history that spans 60 years and the pipe covers 360 acres! When it was discovered in 1940, it was considered the largest economically exploitable pipe in the world!

Production in the 1950s and 1960s was between 500,000 and 750,000 carats (100 and 150 kg) per year; the peak year of production was 1966, when 924,984 carats (185 kg) were produced! Today, production levels for all Williamson mine diamond recovery activities is still about 300,000 carats (60 kg) per year! The mine at Williamson is notable as the original source of pink diamonds and has produced notable stones including a 54-carat flawless pink diamond (presented to then Princess Elizabeth and Prince Philip upon their wedding) and a 388-carat diamond found in 1990!

Since 1994, De Beers has improved the performance of the Williamson diamond mine by making needed capital investments in equipment, and bringing in expertise in technology, technique, and exploration. De Beers has identified several possible avenues for development that would keep the mine operating well into the future.

The potential for MDXO's project is absolutely unbelievable. These local mining operations are already active and recovering diamonds from surface alluvial deposits on the western boundary of our Magembe property. The potential is so significant that a security system was established in the areas of the property where the largest number of alluvial diamonds related to the Williamson (Mwadui) kimberlite have been found. This leads me to the second announcememt. Read this PR that just came out this past week- http://finance.yahoo.com/news/80-Carat-Diamond-Discovered-iw-1461820734.html?x=0&.v=1

That's insane! MDXO already reported that a local miner recently discovered an 80 carat diamond! To learn more about this property please go to http://www.midexgold.com/properties/magembe_details.html

Here's the kicker... MDXO's board of directors has approved a forward split of its common stock at a ratio of five shares for each issued and outstanding share! This could mean investors make a huge percentage gain if they get in now and the stock continues to move up to its high of $0.75 and then another huge gain after they receive five shares for every share they have after the split and the stock rally's again! This means you can make two significant gains from this new issue in the short-term!

MDXO has started to catch a lot of momentum and is poised to breakout again in the near future so watch it closely this week!

Take a look at the chart-

MDXO looks like is primed for a huge breakout starting tomorrow so add it to your radar RIGHT NOW!

This is a risky situation so please make sure to do your own due diligence and make your own investment decision.

More Updates To Come ...