SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (228721)11/13/2009 2:46:53 PM
From: patron_anejo_por_favorRespond to of 306849
 
I'm long Minefinders (MFN) and like the company and expect production to increase over the next few quarters. Unfortunately they must deal with the same corrupt government that NGD does, as their main asset is in Mexico.



To: LLCF who wrote (228721)11/13/2009 2:58:21 PM
From: orkriousRead Replies (1) | Respond to of 306849
 
Take a look at JAG. It's in Brazil, not Mexico, was considerably cheaper than NGD and MFN on a resource basis even before they did an excellent deal upping their reserves by almost 50%, and has a huge production growth plan.

They do have a strong Real to contend with, but even so their cash costs are very low. If the Real weakens they will be even better.

Disclosure: I have a massive position.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News