This may explain today's strength in MFL:
<Jan. 7, 2002--The Wall Street Transcript has published an in-depth interview with Mark Bailey, President & CEO of Minefinders (OTCBB:MNEFF - news), in which he talks at length about the company's future.
Bailey gives an overview of the company. ``Minefinders is a junior exploration company that, although not currently in production, is considered a highly successful
precious metals exploration company by industry analysts and other companies. We have been actively exploring for gold and silver over the past six years, primarily
in Mexico, and currently have developed a resource asset base, on two projects, totaling more than 2.7 million ounces of gold and 132 million ounces of silver.
We're actively expanding these two deposits and adding new discoveries in Mexico and Nevada with a large portfolio of projects.''
Bailey explains, ``We're an exploration company. We're trying to develop Dolores and take it to the production stage. That's our main deposit in Mexico with more
than 2.5 million ounces of gold and 130 million ounces of silver already defined. We are advancing the deposit to a production decision over the next 12-24 months,
with the mine coming on-stream in, hopefully, a very favorable bull market for gold and silver.'' >
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