Minefinders Corporation LTD. (MFN)

[Pro-Life]

Pan American Silver Corp. completed the acquisition of Minefinders Corporation Ltd. on March 30, 2012...

Go here:

http://investorshub.advfn.com/Pan-American-Silver-Corp-PAAS-4490/

I'll have this board closed. Thanks.

http://www.panamericansilver.com/investors/news/

PAN AMERICAN SILVER COMPLETES ACQUISITION OF MINEFINDERS
Vancouver, B.C. – March 30, 2012 – Pan American Silver Corp. (“Pan American”) (TSX: PAA; NASDAQ: PAAS) and Minefinders Corporation Ltd. (“Minefinders”) (TSX: MFL; NYSE/AMEX: MFN) today completed the previously announced plan of arrangement (the “Arrangement”) under the Business Corporations Act (Ontario) whereby Pan American acquired all of the issued and outstanding common shares of Minefinders.

Under the terms of the Arrangement former Minefinders shareholders who elected the full proration option received CDN$1.84 and 0.55 of a Pan American share in respect of each of their Minefinders shares. Former Minefinders shareholders who elected the Pan American share option received 0.6235 Pan American shares and CDN$0.0001 for each of their Minefinders shares, and those who elected the cash option received CDN$2.0306 and 0.5423 of a Pan American share in respect of each of their shares.

Geoff Burns, Pan American's President and CEO, said: "We are extremely pleased to have concluded the acquisition of Minefinders. This strategic transaction increases our near-term silver and gold production and cash flow, and meaningfully reduces our average cash costs across our eight producing mines, while at the same time geographically de-risking our overall portfolio. In addition, Pan American should reap the benefits of a sector leading and well sequenced growth profile.

As the Arrangement has now completed, the Minefinders shares will be de-listed from the TSX and the NYSE Amex.

[Pro-Life]

I need to update the charts here...

[Pro-Life]

Scoreboard for the week: -1.05%

[canucklehead80]

Auguries — EU, Then US
January 5, 2012
By Kevin Michael Grace

Gold was up (at press time) $82.60 (+5.4%) for the week to $1,623.40, and silver was up $1.89 (+6.9%) to $29.27. The Wall Street Journal attributed gold’s rise to bargain hunting. “People who were jittery about owning gold probably [cashed out] at the end of 2011,” said Adam Klopfenstein, a market strategist with Archer Financial Services. “At these [price] levels, it’s regaining a little more investor interest.”

The Journal attributed gold’s 10% December drop to “worries about a potential financial crisis in Europe [that] led investors turn to the flexibility of the US dollar for safety.” Ah, the frying pan/fire conundrum. It’s not as if Europe’s fundamentals show any indication of improvement. Reuters reports that terrified Greeks and Italians have taken to burying their Euros underground.

Read the rest of this article. http://http://resourceclips.com/2012/01/05/auguries-eu-then-us/

[Pro-Life]

For the week: +1.98%

[Pro-Life]

When I see it, I'll join the shorts... the evidence truly is overwhelming and my judgement is much like yours - If one cannot fight them (the off shore robber barons, global funds and banksters hiding in the internet marketplace ready to crash the system and steal from a largely unsuspecting public), then join them. The next leg down will happen in less than 6 months maybe not more than 3 months. No one else can protect you but you... do what you must for the sake of your family and situation. Only the highest and absolute best!

[tootalljones]

closing my account monday, to protect me from me.

[tootalljones]

futuresjackal, I am way out of equities with no thought to return. I have been in the market for two decades, seen and done a lot, made millions on two occasions starting from didly squat, and today I sold out of my only company, GMO.....the evidence is overwhelming, we are beginning the next mega leg down in this huge generational bear market.....which, when it is over, will have destroy a generation of investors, and will make the last two mega bears, those of the thirties and 70's, seem like little cubbies....MFN will be cut AT LEAST IN HALF FROM CURRENT LEVELS, and at some point I look for the miners to be the only sector worth owning, but for now, gold is a commodity and commodities get their collective throats slashed in severe recessions.....and it is gonna be a bad one...

[Pro-Life]

2tall... this week's drop is like a falling knife... watch and wait for a reasonable entry... be careful out there!

[tootalljones]

futuresjackal, how low do we go on this correction, or is it a recession...your thoughts....tia

[Pro-Life]

This summer was big... almost into record high territory!

[tootalljones]

awesome stock, awesome company...gonna go lots higher. People will notice it when it is much higher.....

[Pro-Life]

Minefinders Announces Second Quarter 2011 Financial and Operating Results
Date : 08/03/2011 @ 5:07PM
Source : MarketWire

http://ih.advfn.com/p.php?pid=nmona&article=48685478&symbol=MFN

Mark Bailey, President and Chief Executive Officer commented, "We are pleased with our results for the second quarter and the year to date. Our initiatives to improve operations at Dolores are paying off and we are also benefiting from higher metal prices. We are currently on track to achieve our guidance for 2011."


(For the complete release, click the link above... )

[Pro-Life]

Last 6 weeks has been a little ugly...

[Pro-Life]

+1.89% is the scorecard for the week...

[Pro-Life]

Reviewing the week: +13.03%... a new multi-year weekly closing high!!!

[Pro-Life]

My friends, for the week: +9%!!!

[Pro-Life]

The price is having a time breaking above $12.

[Pro-Life]

CPM Group Looks For Historically High Silver Prices For Next Decade

10 December 2010, 10:30 a.m.
By Kitco News
http://www.kitco.com/

http://www.kitco.com/reports/KitcoNews20101210AS_CPM.html

(Kitco News) - Silver prices are projected to remain at historically high levels over the next 10 years, concludes CPM Group in its 2010 edition of its “Silver Long-Term Outlook,” released Thursday by the New York commodities research and advisory firm.

The 224-page study is a comprehensive analysis of the key market fundamentals of silver that are expected to influence prices over a decade. The report contains projections for global mine production through 2019 on a mine-by-mine basis and also contains a new China section with an analysis of the silver supply and demand in a previously opaque market. CPM Group said the use of silver in China during 2009 was perhaps twice as much as had been believed.

The report also reviews uses for silver, including new fabrication demand such as solar panels, as well as investment. The report includes 10-year projections of supply, demand, and prices under a base case and two alternative scenarios.

“Strong investment demand, the single most important factor in influencing the price of the metal, is expected to keep silver prices at elevated levels during the projected period,” CPM Group said in a news release announcing the publication, which can be purchased. “Investors who view silver as a safe-haven asset are expected to continue buying large amounts of silver over the next couple of years as uncertainty regarding global economic growth, financial market instability, and volatility in major currency markets persist. As these concerns recede later in the decade, investment demand is projected to decline. Silver prices are expected to weaken alongside the decline in investment demand as the decade progresses.”

CPM Group said fabrication demand for silver is forecast to rise over the projected period, providing additional support to prices.

“Even in present economic conditions, there is strong demand for some of the products in which silver is used, including various electronic components used in a full range of consumer and industrial equipment,” CPM Group said. “Fabrication demand for silver is expected to rise further over the next few years, due to an anticipated improvement in global economic activity coupled with increased use of silver in some of its new and relatively new uses, such as solar panels, silver-zinc batteries.”

Primary silver mine production is expected to increase due to high silver prices and the relatively low cash and total operating costs, CPM Group said. Also, since much silver is produced as a byproduct of gold, copper, lead, and zinc, favorable market fundamentals and rising prices for these metals are expected to mean higher output and thus more silver as a by-product during the initial years covered by the CPM Group report. However, during the second half of the forecast period, net additions to silver mine supply are expected to decline, which CPM Group forecast to support silver prices during that time.

Meanwhile, CPM Group said silver use in China is estimated to have risen around three and a half times over the last decade, from 40.8 million ounces in 2000 to 139.2 million ounces in 2009, twice as large as many Western commentators have previously suggested. “Chinese silver fabrication demand is projected to account for nearly a fifth of global silver fabrication demand this year,” CPM Group said.

Previously, a lack of reliable statistics on silver fabrication demand and secondary recovery prevented China’s inclusion in international statistics. However, CPM said it has developed what it feels are sufficiently reliable statistics on silver fabrication demand by major industrial category and scrap recovery, relying on a network of industry associations and industrial participants in these markets.

By Allen Sykora of Kitco News; [e-mail]

[Pro-Life]

Seemingly, the next leg is really underway.

[Pro-Life]

Gold and silver both underpriced - Chapman

http://www.mineweb.com/mineweb/view/mineweb/en/page60?oid=111325&sn=Detail&pid=60

TGR: But for people who want exposure to gold and silver through equities, what do you think investors should do?

BC: Well, I recommend four stocks, Agnico-Eagle Mines Ltd. (NYSE:AEM; TSX:AEM), Goldcorp Inc. (NYSE:GG; TSX:G), Silver Standard Resources Inc. (TSX:SSO; NASDAQ:SSRI) and Minefinders Corporation (TSX:MFL; NYSE:MFN). That's it. If people want to speculate, that's fine.

TGR: But what do you like about Agnico-Eagle?

BC: First of all, I know the company quite well. I've known the president of the company, Sean Boyd, for about 18 years. I consider him a good friend.

The subscribers to my publication own a lot of this stock; same thing for Goldcorp. These are fine companies with excellent management. The same is true for Silver Standard, which is more in the silver vein. Minefinders is a smaller company producing gold and silver.

TGR: Yes, much smaller.

BC: But I've known Bob Quartermain, who just left Silver Standard, for maybe 25 years. I've known Mark Bailey at Minefinders probably for about 18 years. I don't know the present management of Goldcorp, but I did know Robert McEwen, the founder and former Chairman and CEO, very well. I don't speak to him often, but the structure of the company is there and it's terrific.

TGR: In terms of a company like Minefinders, do you like it because it is producing both gold and silver?

BC: This group illustrates one of the things that's important in these mining companies. The only one out of that group that has a large float is Goldcorp, and there's a good reason for that. But I look for companies that have small share floats because there's more leverage in them. AEM only has 157 million shares outstanding and for what they've got that's astronomically low. With Silver Standard, the figure is about 78 million and it's about 65 million at Minefinders. It shows that the management really did a fantastic job developing the company by not watering it down with lots of equity.

TGR: What are some catalysts for these companies to grow?

BC: I think the bigger companies, Agnico-Eagle and Goldcorp, will buy other juniors that are coming along. It's easier for them to do that.

Silver Standard has been selling some properties to fund other acquisitions.

Minefinders continues to develop new properties. They have one called La Bolsa in Mexico near the border with Arizona that they're developing right now. And they just found a good mineralized extension on their producing Dolores mine in Mexico.

[Pro-Life]

Since this discovery, BOOM!!!

[Pro-Life]

MINEFINDERS DISCOVERS NEW MINERALIZED ZONE AT THE DOLORES MINE

http://www.minefinders.com/news/index.php?&content_id=145

[Pro-Life]

Up 1% for the week... consolidating/bottoming...

[Pro-Life]

Minefinders is Exhibiting at the 2010 World Resource Investment Conference

Minefinders Corporation Ltd. will be exhibiting at the 2010 World Resource Investment Conference in Vancouver June 6-7 in Booth #301. Please stop by and get an update on the company. Registration and complete conference details are at:

http://cambridgehouse.com/email/worldvancouverjune0610/cheb_templateworld_cambridge-3.html

[Pro-Life]

The bottom bollinger band is holding as support on the daily and weekly charts...

[Pro-Life]

Clearly, the pps is stuck under the middle bollinger band on the weekly chart... watching closely.

[Pro-Life]

Yep, just like the energizer bunny... it keeps on moving up!!!

[Pro-Life]

Still running sweet...

[Pro-Life]

Buyers back then made 4X their investment...

[Pro-Life]

Since December 08 - UNSTOPPABULL!!!

[FinancialAdvisor]

Currently at the apex of a pennant or cup and handle, we'll see what happens... the T/A on the doji played out like a textbook though from late May on the decline to go with the overbought conditions at the time.

The bollinger bands have tightened now and the 50 day average is flat, we'll see what happens from here:

[Pro-Life]

Weekly uptrend is still intact...

[Pro-Life]

Seems like the 7 range is strong... we shall see...

[Pro-Life]

Yes, that would be the annual "sell in May and go away" syndrome... The trend still looks outstanding!!! Just look at this baby ridin' the clouds -

[FinancialAdvisor]

It looks good, but it also is showing signs of being tired here, weekly chart shows a doji:

[Pro-Life]

This uptrend looks more amazing than ever...

[Pro-Life]

Amazing chart...

[Pro-Life]

Good looking future for shareholders.

[FinancialAdvisor]

What do you think that means?

[Pro-Life]

For more than 3 months the weekly SAR is underneath and the price has more than doubled off the bottom.

[Pro-Life]

Must see numbers and pics -

http://www.minefinders.com/projects/production/dolores/

[Pro-Life]

From the news today - "... At December 31, 2008, the Company had $26.018 million in cash and cash equivalents and net working capital of $24.831 million, which is more than sufficient liquidity to attain commercial production at the Dolores Mine... "

A success... only place to put the investment dollars!!!

[Pro-Life]

MINEFINDERS ANNOUNCES INCREASING PRODUCTION, START OF POSITIVE OPERATING CASH FLOW AND FISCAL 2008 RESULTS

March 12, 2009 – Vancouver, British Columbia – Minefinders Corporation Ltd. announced increased production in February 2009, compared to January 2009 and the commencement of positive operating cash flow at the Dolores open pit mine in Chihuahua, Mexico. The Company also reported its financial results for the year ended December 31, 2008.

Gold production at the Dolores Mine in February 2009 was 5,089 ounces, up 88% from 2,700 ounces in January 2009. Silver production totaled 111,010 ounces in February 2009, up 122% from 50,000 ounces in January 2009.

“In February, we entered positive cash flow for the first time as the market value of gold and silver produced at Dolores significantly exceeded the direct cash operating costs incurred during the same period. We achieved this milestone sooner than anticipated in part due to the strong gold and silver prices, the decreasing value of the Mexican peso and a rapid increase in production,” said Mark Bailey, President and Chief Executive Officer. “The Dolores Mine remains well on target to reach commercial production in the second quarter of 2009.”

Outlook

Gold and silver production in March is expected to continue to increase as the volume of ore under leach and time under leach increases. Minefinders expects the rate of production of gold and silver to escalate to a steady state level later in the year.

The crushing and stacking rate has continued to increase. Average throughput in March 2009 is expected to be at or near 18,000 tonnes per day, the planned average rate through the life of the

Dolores Mine.

Further details on the first quarter 2009 production will be disclosed in late April or early May 2009 including volumes produced, volumes sold, averaged realized prices and operating costs.
Recent photos of operations at Dolores can be viewed at www.minefinders.com in the Dolores Gallery.

Fiscal 2008 Financial results

The Company commenced first production of gold and silver at the Dolores Mine in late November 2008 and produced 3,093 ounces of gold and 57,378 ounces of silver in November and December of 2008. The Company sold 2,440 ounces of gold and 42,800 ounces of silver in the 2008 fourth quarter, all in December. The average realized price was approximately US$843 per ounce of gold and approximately US$10.69 per ounce of silver. Pre-commercial production operating costs, net of sales revenue, were capitalized to mine development costs.

The Company recorded a net loss in 2008 of $29.12 million ($0.58 per share), compared with a net loss of $19.204 million ($0.39 per share) in 2007. The increase in the loss for 2008 as compared to 2007 is due primarily to the increase in activity as the Dolores Mine transitioned to pre-commercial production. Also contributing to the 2008 loss were a $1.25 million foreign exchange loss, higher interest expense associated with the revolving credit facility and lower interest income during the year.

During 2008, the Company spent $63.248 million (2007 - $90.247 million) on mineral property, plant and equipment, primarily in the construction and commissioning of the Dolores Mine and in pre-commercial production operating expenditures, net of associated sales revenue. The decrease is due to the wind-down and completion of construction activities at the Dolores Mine during 2008 and the continuing transition to commercial operations.

At December 31, 2008, the Company had $26.018 million in cash and cash equivalents and net working capital of $24.831 million, which is more than sufficient liquidity to attain commercial production at the Dolores Mine.

Management’s Discussion and Analysis as well as the complete financial statements and notes for the year-ended December 31, 2008 are available on the Company’s website at www.minefinders.com and on SEDAR at www.sedar.com.

About Minefinders

Minefinders is a precious metals mining and exploration company and operates the multi-million ounce Dolores gold and silver mine in Mexico. The Company continues its exploration efforts on other prospective projects in Mexico to build a quality pipeline of precious metals projects for future growth.

Investor contact:
Mike Wills
Minefinders Corporation Ltd.
[phone]
[e-mail]
www.minefinders.com

This release contains certain "forward-looking statements" and "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "continue" or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Certain of the statements made herein by Minefinders are forward-looking and subject to important risk factors and uncertainties, both known and unknown, many of which are beyond the Company’s ability to control or predict. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Those factors are described or referred to under the heading "Risk Factors" of Minefinders' Annual Information Form for the year ended December 31, 2008 and under the heading "Risks and Uncertainties" of Minefinders' Management’s Discussion and Analysis for the year ended December 31, 2008, both of which are incorporated by reference herein and are available on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

[Pro-Life]

Sheeesh... understatatement, and then news today!



Minefinders Celebrates the Inauguration of the Dolores Gold and Silver Mine and Provides Dolores Mine Update
Monday February 23, 8:48 am ET

http://biz.yahoo.com/iw/090223/0476415.html

[FinancialAdvisor]

Bullish divergence, MACD crossover - 2009 could be a good year?

[Pro-Life]

Recent photos of operations at Dolores can be viewed at http://www.minefinders.com in the Dolores Gallery.

[Pro-Life]

Nov 17, 2008 08:56 ET Minefinders Pours First Gold and Silver at the Dolores Mine and Provides Third Quarter 2008 Results



http://www.marketwire.com/press-release/Minefinders-Corporation-Ltd-TSX-MFL-921167.html

[Greencake]

lol... no doubt.... easy money....

MVG too ..... people are asleep at the wheel on these silver plays ....weeeee


Nice work Futures!


Blue Skies, Green $creens,

JT

[Pro-Life]

What a fantastic move the last few days... pincher and all the fundamentals combined and continue to look positive with RSI in the power zone.