Monday, July 11, 2011

Minefinders (MFN) ( 2q11 production

Minerfinders (MFN) ( just came out with its 2q11 production numbers. Find the NR here, find two pretty charts generated by your author below:

Two words on the numbers this morning; In Line. Not bad numbers not a blowout, the upside is that if this keeps up, MFN might start getting a reputation for reliability. That really would be refreshing. It's noticeable though that these days MFN is a silver producer with gold credits, not the other way around. The company says that's due to the rocks its been putting on the pads happens to be richer in silver than the normal for Dolores and I say OK fine, just tell us when the mix is going to change again.