Minefinder’s situation is fairly clear from examining the results. The company is in a footrace to bring Dolores into commercial production before they run out of liquidity and have to resort to dilutive measures such as issuing equity or convertible debt. If you take the company’s word at face value, the race is getting a little close for comfort but nothing to suggest code alert red as of yet. I usually discount management projections to the downside (CEO Mark Bailey and his team have proven this to be prudent) so I fully expect this race to tighten as we move into the 2nd half of 2008.

I agree with this statement. Getting the mine to start producing is the most important thing MFN can do right now. They keep saying they will turn cash positive in September but that won't happen until they start producing gold !!

As we all know , retail investors, like us are the least concern of management, but I am disappointed that the Company has not come out with a news release that updates the new start-up timetable and the reasons that it is pushed back again. In looking over news releases it is easy to see that MFN does not consider them important enough to release in a timely fashion. There is too much happening at Minefinders not to keep ALL of their stockholders informed!!

I personally feel that this position of lack of news releases has a direct correlation to the price of the stock....as Puplava says this stock should be trading between 20 and thirty !!!