Minefinders Corporation, Ltd. announced a 59 cent per share loss in FY 2008, compared with a 39 cent net loss in FY 2007, but also announced that production on its newly-started Dolores mine has increased and that cash flow has turned positive. Details are in the news release.
As of the time of this post, Minefinders is up 41 cents, reaching $7.46.
Minefinders' Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Thursday, March 12, 2009
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