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Gold/Mining/Energy : Minefinders, MFL
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To: geoffb_si who wrote (315)10/7/2001 7:12:14 PM
From: russwinter  Read Replies (2) of 578
 
Geoff, you're on a roll here, I like it.

The royalty wouldn't be quite a rewarding. They could sell Delores in a stock swap, keep the million they now have in treasury, and raise the rest they need for Sonora just on new recognition (keep the Minefinders name) of being a winner. We'd do even better in that scenario because we'd get US$60 million for Delores, and be left with maybe a 25-30 cents stock for Sonora rather than zip now.
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