-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DsNis4GUCMSJ2lhXBfDN2B7Trj7pwC2awve/OQOKhFjwYzQO8jDQdCBH7D1GbHno DFIiqtRO3QJaP8W5Zo0Cug== 0000065957-08-000011.txt : 20081024 0000065957-08-000011.hdr.sgml : 20081024 20081024173033 ACCESSION NUMBER: 0000065957-08-000011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080930 FILED AS OF DATE: 20081024 DATE AS OF CHANGE: 20081024 EFFECTIVENESS DATE: 20081024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MIDAS MANAGEMENT CORP CENTRAL INDEX KEY: 0000065957 IRS NUMBER: 133823733 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06269 FILM NUMBER: 081140872 BUSINESS ADDRESS: STREET 1: 11 HANOVER SQUARE CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2124806432 MAIL ADDRESS: STREET 1: 11 HANOVER SQUARE CITY: NEW YORK STATE: NY ZIP: 10005 13F-HR 1 mmc13fsept08.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 13F Report for the Calendar Year or Quarter Ended: September 30, 2008 Check here if Amendment [ ]; Amendment Number This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Midas Management Corporation 11 Hanover Square New York, NY 1005 Form 13F File Number: 028-06269 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: John F. Ramirez Chief Compliance Officer 1-212-480-6432 /s/John F. Ramirez Midas Management Corporation October 24, 2008 Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 71 Form 13F Table Value Total: $95,656 (Thousands) List of Other Managers: 1. CEF Advisers, Inc.
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SHRS OR PRN AMOUNT SH/PRN BHP BILLITON LTD AMERICAN DEP RECEIPT 088606108 3,951,240.00 76,000.00 SH COMPANIA DE MINAS AMERICAN DEP RECEIPT 204448104 3,850,720.00 164,000.00 SH DIANA SHIPPING INC AMERICAN DEP RECEIPT Y2066G104 157,520.00 8,000.00 SH METROGAS INC AMERICAN DEP RECEIPT 591673207 48,563.66 12,713.00 SH RANDGOLD RES AMERICAN DEP RECEIPT 752344309 6,154,500.00 150,000.00 SH BLACKROCK INCOME CLOSED-END FUNDS 09247F100 576,950.00 104,900.00 SH BLACKROCK STRATEGIC CLOSED-END FUNDS 09249G106 301,290.00 33,000.00 SH DREMAN/CLAYMORE CLOSED-END FUNDS 26153R100 389,072.38 74,678.00 SH DWS DREMAN VALUE CLOSED-END FUNDS 23339M105 384,290.00 46,300.00 SH DWS MULTI-MARKET CLOSED-END FUNDS 23338L108 133,400.00 20,000.00 SH EVERGREEN MULTI-SECT CLOSED-END FUNDS 30024Y104 406,080.35 32,881.00 SH GABELLI DIVIDEND & CLOSED-END FUNDS 36242H104 744,120.00 54,000.00 SH HYPERION BROOKFIELD CLOSED-END FUNDS 449145101 708,000.00 150,000.00 SH HYPERION STRATEGIC CLOSED-END FUNDS 44915C105 630,819.00 96,900.00 SH JOHN HANCOCK PATRIOT CLOSED-END FUNDS 41013T105 703,741.50 101,550.00 SH STRATEGIC INC FUND CLOSED-END FUNDS 349739102 140,000.00 20,000.00 SH TORTOISE NORTH AMER CLOSED-END FUNDS 89147T103 449,100.80 27,136.00 SH WESTERN ASSET EMRG CLOSED-END FUNDS 95766A101 314,933.85 24,585.00 SH AGNICO EAGLE MINES COMMON STK-DOMESTIC 008474108 4,130,250.00 75,000.00 SH FREEPORT- MCMORAN COMMON STK-DOMESTIC 35671D857 3,411,000.00 60,000.00 SH GOLDCORP INC COMMON STK-DOMESTIC 380956409 2,773,951.00 87,700.00 SH HARRY WINSTON COMMON STK-DOMESTIC 41587B100 1,197,000.00 90,000.00 SH IAMGOLD CORP COMMON STK-DOMESTIC 450913108 202,320.00 36,000.00 SH KINROSS GOLD CORP COMMON STK-DOMESTIC 496902404 9,672,000.00 600,000.00 SH MINEFINDERS LTD COM COMMON STK-DOMESTIC 602900102 3,020,000.00 400,000.00 SH NEWMONT MINING CORP COMMON STK-DOMESTIC 651639106 4,360,500.00 112,500.00 SH NORTHERN DYNASTY MIN COMMON STK-DOMESTIC 66510M204 2,580,000.00 600,000.00 SH PAN AMERICAN SILVER COMMON STK-DOMESTIC 697900108 2,223,000.00 100,000.00 SH ELDORADO GOLD CORP COMMON STK-FOREIGN 284902103 5,008,000.00 800,000.00 SH GREAT BASIN GOLD LTD COMMON STK-FOREIGN 390124105 2,099,981.19 1,000,000.00 SH JAGUAR MINING INC. COMMON STK-FOREIGN 47009M103 2,303,363.75 407,675.00 SH LIHIR GOLD LTD COMMON STK-FOREIGN 6518596 4,180,044.17 2,000,000.00 SH NEXEN INC COMMON STK-FOREIGN 2172219 148,857.84 6,408.00 SH TECK COMINCO LTD COMMON STK-FOREIGN 878742204 4,659,200.00 160,000.00 SH YAMANA GOLD INC CAD COMMON STK-FOREIGN 98462Y951 3,873,425.51 465,000.00 SH APPLE COMPUTER INC Common Stock 037833100 284,150.00 2,500.00 SH ASPEN INSURANCE HOLD Common Stock G05384105 187,000.00 6,800.00 SH BERKSHIRE HATHAWAY Common Stock 084670207 250,515.00 57.00 SH BERKSHIRE HATHAWAY Common Stock 084670207 4,614,750.00 1,050.00 SH BROOKFIELD ASST MGMT Common Stock 112585104 493,920.00 18,000.00 SH BROWN & BROWN INC Common Stock 115236101 229,172.00 10,600.00 SH CANADIAN NAT RES Common Stock 136385101 684,600.00 10,000.00 SH CONOCOPHILLIPS Common Stock 20825C104 791,100.00 10,800.00 SH COSTCO WHSL CORP NEW Common Stock 22160K105 649,300.00 10,000.00 SH DEL MONTE FOODS Common Stock 24522P103 234,000.00 30,000.00 SH DELL INC Common Stock 24702R101 206,000.00 12,500.00 SH DIANA SHIPPING INC Common Stock Y2066G104 502,095.00 25,500.00 SH EAGLE BULK SHIPPING Common Stock Y2187A101 139,400.00 10,000.00 SH FORDING CDN COAL TR Common Stock 345425102 257,300.00 3,100.00 SH FRANKLIN RESOURCES Common Stock 354613101 264,390.00 3,000.00 SH GOLDMAN SACHS GROUP Common Stock 38141G104 499,200.00 3,900.00 SH GOOGLE INC CL A Common Stock 38259P508 801,040.00 2,000.00 SH HANSEN NATURAL CORP Common Stock 411310105 181,500.00 6,000.00 SH HOVNANIAN ENTERPRISE Common Stock 442487203 199,750.00 25,000.00 SH INTEL CORP Common Stock 458140100 185,427.00 9,900.00 SH JOHNSON & JOHNSON Common Stock 478160104 762,080.00 11,000.00 SH JPMORGAN & CHASE & C Common Stock 46625H100 905,980.00 19,400.00 SH LEUCADIA NATL CORP Common Stock 527288104 908,800.00 20,000.00 SH LOEWS CORP Common Stock 540424108 552,860.00 14,000.00 SH LOWES COS INC Common Stock 548661107 450,110.00 19,000.00 SH MASTERCASRD INC CL A Common Stock 57636Q104 1,773,300.00 10,000.00 SH NAVIOS MARITIME Common Stock Y62267102 36,995.00 4,900.00 SH NAVIOS MARITIME Common Stock Y62267102 453,000.00 60,000.00 SH PRICE T ROWE GROUP I Common Stock 74144T108 333,002.00 6,200.00 SH PROCTER & GAMBLE CO Common Stock 742718109 522,675.00 7,500.00 SH PULTE HOMES INC Common Stock 745867101 279,400.00 20,000.00 SH RAM ENERGY RESOURCES Common Stock 75130P109 274,550.00 95,000.00 SH STARBUCKS CORP Common Stock 855244109 342,010.00 23,000.00 SH TEXAS INSTRS INC Common Stock 882508104 182,750.00 8,500.00 SH UNITEDHEALTH GROUP I Common Stock 91324P102 126,950.00 5,000.00 SH WILMINGTON TRUST COR Common Stock 971807102 210,459.00 7,300.00 SH
NAME OF ISSUER PUT/CALL INVESTMENT DISCRETION OTHER MANAGERS VOTING AUTHORITY BHP BILLITON LTD SOLE 76,000.00 COMPANIA DE MINAS SOLE 164,000.00 DIANA SHIPPING INC DEFINED 1 8,000.00 METROGAS INC DEFINED 1 12,713.00 RANDGOLD RES SOLE 150,000.00 BLACKROCK INCOME DEFINED 1 104,900.00 BLACKROCK STRATEGIC DEFINED 1 33,000.00 DREMAN/CLAYMORE DEFINED 1 74,678.00 DWS DREMAN VALUE DEFINED 1 46,300.00 DWS MULTI-MARKET DEFINED 1 20,000.00 EVERGREEN MULTI-SECT DEFINED 1 32,881.00 GABELLI DIVIDEND & DEFINED 1 54,000.00 HYPERION BROOKFIELD DEFINED 1 150,000.00 HYPERION STRATEGIC DEFINED 1 96,900.00 JOHN HANCOCK PATRIOT DEFINED 1 101,550.00 STRATEGIC INC FUND DEFINED 1 20,000.00 TORTOISE NORTH AMER DEFINED 1 27,136.00 WESTERN ASSET EMRG DEFINED 1 24,585.00 AGNICO EAGLE MINES SOLE 75,000.00 FREEPORT- MCMORAN SOLE 60,000.00 GOLDCORP INC SOLE 87,700.00 HARRY WINSTON SOLE 90,000.00 IAMGOLD CORP SOLE 36,000.00 KINROSS GOLD CORP SOLE 600,000.00 MINEFINDERS LTD COM SOLE 400,000.00 NEWMONT MINING CORP SOLE 112,500.00 NORTHERN DYNASTY MIN SOLE 600,000.00 PAN AMERICAN SILVER SOLE 100,000.00 ELDORADO GOLD CORP SOLE 800,000.00 GREAT BASIN GOLD LTD SOLE 1,000,000.00 JAGUAR MINING INC. SOLE 407,675.00 LIHIR GOLD LTD SOLE 2,000,000.00 NEXEN INC DEFINED 1 6,408.00 TECK COMINCO LTD SOLE 160,000.00 YAMANA GOLD INC CAD SOLE 465,000.00 APPLE COMPUTER INC SOLE 2,500.00 ASPEN INSURANCE HOLD DEFINED 1 6,800.00 BERKSHIRE HATHAWAY DEFINED 1 57.00 BERKSHIRE HATHAWAY SOLE 1,050.00 BROOKFIELD ASST MGMT SOLE 18,000.00 BROWN & BROWN INC DEFINED 1 10,600.00 CANADIAN NAT RES SOLE 10,000.00 CONOCOPHILLIPS SOLE 10,800.00 COSTCO WHSL CORP NEW SOLE 10,000.00 DEL MONTE FOODS DEFINED 1 30,000.00 DELL INC DEFINED 1 12,500.00 DIANA SHIPPING INC DEFINED 1 25,500.00 EAGLE BULK SHIPPING DEFINED 1 10,000.00 FORDING CDN COAL TR DEFINED 1 3,100.00 FRANKLIN RESOURCES DEFINED 1 3,000.00 GOLDMAN SACHS GROUP SOLE 3,900.00 GOOGLE INC CL A SOLE 2,000.00 HANSEN NATURAL CORP DEFINED 1 6,000.00 HOVNANIAN ENTERPRISE SOLE 25,000.00 INTEL CORP DEFINED 1 9,900.00 JOHNSON & JOHNSON SOLE 11,000.00 JPMORGAN & CHASE & C SOLE 19,400.00 LEUCADIA NATL CORP SOLE 20,000.00 LOEWS CORP SOLE 14,000.00 LOWES COS INC SOLE 19,000.00 MASTERCASRD INC CL A SOLE 10,000.00 NAVIOS MARITIME DEFINED 1 4,900.00 NAVIOS MARITIME DEFINED 1 60,000.00 PRICE T ROWE GROUP I DEFINED 1 6,200.00 PROCTER & GAMBLE CO SOLE 7,500.00 PULTE HOMES INC SOLE 20,000.00 RAM ENERGY RESOURCES DEFINED 1 95,000.00 STARBUCKS CORP SOLE 23,000.00 TEXAS INSTRS INC DEFINED 1 8,500.00 UNITEDHEALTH GROUP I DEFINED 1 5,000.00 WILMINGTON TRUST COR DEFINED 1 7,300.00
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