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Re: Frank Pembleton post# 5283

Tuesday, 11/18/2003 1:40:56 PM

Tuesday, November 18, 2003 1:40:56 PM

Post# of 19037
believe MFN will need to raise cash (i.e. PP) if it is going to actually mine (and it will be a pretty large PP)... MFN are explorers and have no experience actually mining gold/silver, that's a problem. right now MFN is a takeover target and somewhat pricey compared to CBD and AGI (but actually with cash cost of only $99 its a good value here).

CBD, should have enough cash to develop its mine, but they lack mining expertise as well, IMO. CBD more likely as a takeover candidate, IMO, and they have enough cash on hand to force someone to do it...

AGI, this company has the mining expertise to actually go into production 1Q 2005, IMO. AGI still needs one last PP to go.

Bottom line, like all 3 companies, but if I were to rank them right now:
1) AGI
2) CBD
3) MFN

just some musings, was thinking about buying MFN here myself...


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