posted on
Sep 03, 2008 10:58AM
Dolores Mine - Sierra Madre
A New Mid-Tier Gold & Silver Producer - Mexico
Message: MFN price
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I had this from Mike Willis today:-
Hi Chris,
We remobilized the operation beginning on August 20th; our people resumed work fairly quickly, but some of the contractors took a bit longer. There has been no new information about problems with the protesters on site. Mark Bailey is giving a presentation at the Denver Gold Forum on Monday September 8th and he will be able to provide a more complete update at that time. The exact time and a link to listen to the webcast will be available on the website.
I am not aware of any unexpected change in our finances since the last announcements, so we should still be on course for production without further financing.
Best regards,
Mike Wills
...i.e. everything still on track. The whole sector has been weak today so most likely just negative sentiment toward the sector and perhaps towards Mexico (after the anti-crime protests).
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