Minefinders Corp. Ltd. (USA) (AMEX:MFN)
The Company is a mining exploration and development company. It is engaged in the exploration and development of precious and base metal mineral properties.
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The gold miners as tracked by the HUI are beginning to move higher, although the HUI has a long way to go before it reaches a more normal historical HUI to gold ratio. Trader Dan estimates that this would bring the HUI to 900 from is current level of just over 620. As momentum investors start picking up on this move, it is likely that some of the junior miners may get a speculative bid as M&A activity and the hope for quick profits send many of these miners sharply higher. If this happens, hedge funds that still have short positions on the miners would likely close their positions.
Many of the gold miners now offer both the potential for a short-term 10% to 20% gain as well as a longer term 100+% gain.
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my screens are turning up a bunch of miners this month. MFN and GOLD have the best numbers.
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Precious Metals/Commodities
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low PEG, strong price uptrend
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I plan to stick my toe in and buy. Good future growth and earnings.
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I've been waiting for this one to break and I think it has now.
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bridgeboy
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Gold and silver producer in Mexico with relatively low cash costs abd lots of exploration potential.
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Loading up on gold and silver.
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bullish on gold - and rec'd by "thestockmasters.com" who seem pretty clever - -
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With $100M+ in debt and no earning or revenues, I must be missing something for this stock not to go down.
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GOLD MARKET IS STIRRING UP FOR A BIG RUN, LOOKING FOR MINEFINDERS TO RUN ALONGSIDE, WILL PICK UP STEAM IN EARLY JULY, MAYBE THE 4TH?
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Looking for companys that will survive the crunch. This one fits, thanks to Deloras. Stockpilling ore. Up?
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us $ sux
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long term gold exploration, this smaller company has good resources and is not overextended.
I am no prospector myself, but submit this one to watch.
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While there has been a slight delay in the start of production, this is a good company with great management. At this price it is a steal as they will be producing a lot of gold and silver at low cost due to their location in Mexico. Given that the fundamentals are still strong for the precious metals MFN will be making a lot of money in the coming years.
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you know the deal.
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Minefinders is getting ready to beat the snot out of the naked shorts who have been caught on the wrong side of reality. About to go into production around the same time gold finishes its correction. MFN is on a launchpad.
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No matter how you look at this stock, it's undervalued. As soon as it starts producing within the next three months and proves to the market that it is a producing mine operator, the stock will finally realize its value for both it extensive reserves as well as its low operating costs.
Get in now below $11 if you can.
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mining stock, what can I say, they're hot
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