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Minefinders Corporation Ltd T.MFL



TSX:MFL - Post by User

Comment by Roundtripon Aug 23, 2008 3:39pm
434 Views
Post# 15405920

RE: Conference Call

RE: Conference Callalburk,

I agree with you that the CFO said that they had discussed with their bankers the possibility of increasing their line of credit if they ran out of money.  In a follow up question I believe the CFO said that the bankers would okay an increase if it was required.  They also said that they had enough cash to last to the end of the year and on the current timetable they expected to be in commercial production by then.

I spoke to the company a month or two ago as I wanted to ask some questions about the short position.  (15% of the float)  The IR person encouraged me to call if I had any further questions.  The cc was so thorough I have no questions.  Just hoping this matter gets sorted out soon as I would like to see them make an acquisition once in commercial production.

Since you listened to the cc, did you have any other comments you'd like to add.

rt
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