Minefinders Corp Ltd  (MFN) Trade Now »     Rate MFN  -  Discuss MFN  -  Add to Watch List        

With gold hovering over $1,000 per ounce, now seems like a good time to check in on two gold mining stocks I hold in my portfolio: Minefinders (MFN) and Yamana Gold (AUY). Long-time readers will know that I have been writing call options all year on these two stocks to good profit. With the recent rally, it may be time to make a clean exit.

Less than a month after I wrote about Minefinders (MFN) in my article entitled Gold Stock to Watch: Minefinders Corp, shares are up to $7.82, a gain of 30%. Not bad for a month's work.

So what's moving the stock? Today, the company announced Increasing Production, Start of Positive Operating Cash Flow and Fiscal 2008 Results. Here is the news:

We keep saying it so we hope you're listening - gold, gold and more gold.

Minefinders Corporation, Ltd. (MFN) engages in the mining, exploration, and development of precious and base metal properties primarily in Mexico and the United States. Its principal property includes the Dolores property, a gold and silver open pit mine, located in the Sierra Madre Occidental Range of northern Mexico, approximately 250 kilometers west of the city of Chihuahua

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