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Non-Tech : The Woodshed
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To: rubbersoul who wrote (44646)12/21/2007 2:08:49 AM
From: Amark$p  Read Replies (1) of 60914
 
Bought MFN today.

No way this can be capex related like NG. MFN has already substantially paid for and built this mine and ordered and paid for all the equipment, so not related to capex like NG.

MFN will be buying new mill to supplement heap leatch, but this feasibility has not been released yet. Moreover, internal cash flow will pay for this mill.

I have been buying MFN, EPM, AGI, GRS, WGW, and MRB. Love the near term producers and those producers like AGI and GRS which should start meeting production targets in 2008 plus have benefit of $800 gold.
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