MFN: Record Production, Record Sales

MIKE PARKIN, Merrill Lynch (04/06/2011)
"Minefinders reported record production of 17,812 oz. of gold and 956,760 oz. of silver and record sales of 16,991 oz. of gold and 883,760 oz. of silver. On a gold equivalent basis the Q1 results were production of about 40,200 GEOs and sales of 37,698 GEOs, 15% and 8% higher than our estimates. . .we are maintaining our Buy rating."

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