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Gold/Mining/Energy : MINIERES DU NORD (TSE: MDN)
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To: ferris wheel who wrote (24)4/1/2009 6:29:28 PM
From: atlevan   of 47
 
hello FerrisWheel,

Based on their most recent new release, this stock should be trading between $ 3.00-4.00, but it is in the shadow of Barrick which would not publish the actual reserves that are found at Tulawaka project. It is the reason why we are trading where we are today. I read on the french site www.Webfin.com that a news release is imminent regarding an acquisition. maybe then investors will start piling up. There is also a good article written up on www.goldstockstrategist.com confirming how undervalued is MDN.

Mdn is the largest holding in my portfolio.

Regards,

Atlevan
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