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Non-Tech : The Woodshed

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To: dara who wrote (44637)1/3/2008 4:26:31 PM
From: Amark$p  Read Replies (1) of 60914
 
MFN/MFL, this is the news for next week...

"Mark Bailey CEO Minefinders. In the new year he expects to release a new mine plan based on their most recent resource estimate announced this summer."

Will be interesting to see whether MFN will hold onto its gains after this much anticipated news... IMO, it will. And hopefully MFN makes it to all time highs shortly thereafter. Assuming mine plan uses $700 POG and $14 silver, total cash costs should be under $125... (vs. total cash costs -inclusive of all concession and royalty payments- of $237.70/oz AuEq; in the old plan using $475 Gold and $7.50 silver)
minefinders.com

financialsense.com
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