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

To: Dan P who wrote (269)6/24/2001 12:09:35 PM
From: Claude Cormier  Read Replies (1) | Respond to of 578
 
They will need $300+ I think. But what a leverage we have here.



To: Dan P who wrote (269)6/24/2001 2:15:31 PM
From: baystock  Read Replies (1) | Respond to of 578
 
I was not trying to imply that they want to take Dolores into full production on their own. A 400K mine will attract interest from the big mining companies, whereas a 240K mine will not. And the big mining companies can afford to do a buyout for a better price because their shares are selling at a premium compared to the mid size companies and they are able to borrow large amounts of money on attractive terms.


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