Dolores Mine - Sierra Madre

A New Mid-Tier Gold & Silver Producer - Mexico

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Message: Puplava on the dilutive financing

In a market where credit and cash are difficult to get, at least MFN got some and has enough cash to fund working capital requirements as it moves to become cash flow positive. It's unfortunate that we had to do it through share dilution, but if this translates in to cash flow positive production and profitable operations, then the dilution was worth it.

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