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Minefinders Corporation Ltd T.MFL



TSX:MFL - Post by User

Comment by logicalthoughton Aug 23, 2008 10:45pm
489 Views
Post# 15406176

RE: Conference Call - 1nvestor Village

RE: Conference Call - 1nvestor Village
Minefinders is not at any risk of running out of money. They have plenty and they went over the numbers on the conference call.
They discussed raising more money with Scotia but the reason for this is that they are going to make an acquisition and start building a mill shortly after Dolores is operational. They are going to raise money for the acquisition by increasing their credit line with Scotia instead of issuing new shares of stock.
I posted a summary of the conference call over at 1nvestorVillage, which I think is the best message board.

Wow. This is my first post here and I gotta say that this is one of the worst message boards I have seen. Not only are posts censored, but there is an annoying captcha. It took me few tries before I realized that mentioning a competitor is labeled as being "profane." Sorry for the rant. I'll go back to the IV board now.
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