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Gold/Mining/Energy : Minefinders, MFL

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To: marcos who wrote (77)	5/1/1998 2:49:00 PM
From: Claude Cormier	Read Replies (1) of 578

MFL should announce new resources calc within 10 days on DOlores. 2 weeks a go, a group of 5 analysts when visiting Dolores. Reports will be coming out once new resources are known. Drilling has commenced at Bolsa where MFL hope to have a mine operating in 1999. WIll likely develop this property into a 40,000/year gold operation with 500,000 ounces in reserves..if not more. Last but not least, I was told by Lane at MFL that Victor Flores has recommended switching from Francisco Gold into Minefinders. Both have 14M shares out. Both have multi-million ounces deposits...FGX is $15, MFL is $2. I guess I can understand why ! CC

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