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Gold/Mining/Energy : Minefinders, MFL -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (262)6/8/2001 12:19:56 AM
From: Dan P  Respond to of 578
 
Yes, indeed. This company is one of a select group of juniors that should gradually move up in a decent gold/silver market, and at least hold up otherwise.

Dan



To: TrueScouse who wrote (262)6/26/2001 5:23:25 PM
From: russwinter  Respond to of 578
 
I quit screwing around trying to add to this one near a buck. Just too much positive happening, and Dolores is quietly sneaking into the superlative class under 140 cash cost, with a very reasonable capex. That was my 50,000 shares today at 1.15.

I spoke with Mark Bailey and besides locating the seller (there's some more shares, send a private message and I'll pass the name along if someone wants size)for me, came away with a good sense of his custodianship. He is battling hard not to dilute, even though a small PP is coming. He is confident that Dolores has excellent expansion potential (particularly more high grade at the bottom of the pit, but expensive to drill), although they feel the best return for their exploration budget is in Sonora. There are on going discussions with majors, and he indicated the bid-asks are not that far apart. He feels (like me) that there will be a scramble if POG clears 300. The value keeps improving, and the upside is considerable.

This presentation is worth a listen:
richmondclub.com



To: TrueScouse who wrote (262)9/7/2001 12:17:48 PM
From: russwinter  Read Replies (2) | Respond to of 578
 
Does the ECO/FN deal have relevance to MFL? ECO owns 21% of MFL's stock. Does a cleaned up ECO under FN's guidance try to mobilize this asset in some manner? Food for thought.