Minefinders Makeover

MIKE PARKIN, Merrill Lynch (03/30/2011)
"The recent and ongoing changes introduced by the new mine management team, lead by the new VP of Operations, Laurence Morris, showed to be making a positive impact on many fronts. The mine and the processing plant are running at full capacity, the Phase-1 heap pad liner repair is on schedule and on budget ($3.5 million) to be repaired by year-end and the new dilution control measures are resulting in a higher grade. . .we were pleased with the progress being made and we are maintaining our Buy rating on Minefinders."

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