Post by
agoldbloom on Feb 04, 2009 6:55am
Minefinders a hold at TD...
Anyone else use TD and notice the last precious metals update? TD has MFL losing money this year and next, one of the few producers that it predicts to do so? I'm a firm believer in MFL, the fact that they are going to be announcing commercial production shortly is a big bonus to me in this market and should move the stock price higher. Is there something that TD is seeing that I am not? With the start of commercial production, will the posted cost per ounce be higher than expected, thus the projected losses for the next two year while capital costs are written off against gold and silver profits. Someone fill me in.