brolgaboy-west kirkland closed an offering that will pay for their 75%interest in hasbouck deposit from allied nevada---idaho north has property right there-
It's Coeur's INVESTORS THAT HAVE BEEN KNEECAPED - YOU TWIT! Everyone is comfortable in Coeur's corporate suites. Krebs BAD DECISIONS doesn't affect him - just shareholders. And don't give me any of that low silver price excuse. Since when are lower than expected metals prices NOT figured into corporate strategy? And Palmerejo's altered mine plan is NOTHING MORE THAN A HIGH-GRADE BURN OUT RESOURCE SCHEME THAT HASTENS MINE LIFE DEPLETION AT THE EXPENSE OF SHAREHOLDERS SO KREBS CAN MAKE A QUARTER OR TWO"S NUMBERS. BFD!
Coeur has historically been one of the most annoying stocks for longs. I agree with those who believe mismanagement is a huge contributing factor, along with (likely, imo) hedge fund manipulation AND the price of silver/gold.
Nevertheless, even the worst 'dog' may sometimes have its day. Calmly awaiting the bounce as price bounces along that lower trendline, smashing slightly below from time to time.
Go to finviz to see how they are drawing lower trendline, but DO consider learning technical analysis (ongoing, since there is always more and more to learn...newer techniques, ratios, relationships, etc.)
IF silver/gold clearly reverse to upside, there will be many, many excellent buys at this level in mining. JUST my opinion.
Profit for Good Causes
Traders: MACD PPO RSI lovely
See posters explalining WHY PRAN science has not been disproven by the failutre to reach a particular endpoint with a small population, and why that particular endpoint may not be nearly as important as brain volume (WHICH PRAN METHOD DOES ADDRESS) and numerous other factors that PRAN approach ALSO DOES address (Huntington's disease, Alzheimer's and even cognitive/memory in normals).
My own first buy of PRAN was in the 2's long ago and I held it as it fell into the 1's, adding and trading from time to time.
Hungington's trial is ongoing, as is an extension of current trial that is 'considered' (falsely, imo) to be a failure. Absurd overreaction with no regard to what the actual science is telling us. No objectivity by traders re science, only 'technical shorting' so hedge fund cronies can buy low...in my opinion. 'We the people' may as well take advantage of their stupidity and promote quality science with our cash (or more of it), in MY opinion, while also gaining some profit for good causes.
Small biotech is notoriously volatile and late phase trials tend to be hugely challenging. Even if/when trials are positive, some biotechs may need to increase cash on hand to continue...so all of these factors should be taken into consideration by traders, long term investors.
I attempt to accumulate stocks/sectors/industries/certain indices.../commodities...when they are EXTREMELY LOW, horribly thrased...as I did with solar, ocean shipping, nuclear and almost all of the biotechs. I ordinarily hold SOME SHARES of biotech extremely long term...years n years n years n years...but DO SELL SOME REPEATEDLY on big upmoves or spikes...to protect gains...as I repeatedly mentioned I was doing with PRAN.
See posts by drdiplipdo, kadaicher1, pivalde and interestingtome garysnoop1 and many others on the Yahoo message board for PRAN.
All only my opinion, and NOT A REC.
Peace Patience Patients
Profit for Good Causes
just as markets (stocks) top when there is nothing but good news so will Coeur (miners) bottom when there is nothing but bad news. I beleive this has already happened. We'll see.
no wonder ceos buy during up markets- 2013 G&A 55 mil up from 2012 32mill-the corporate move and creating infrastructure to handle future development while others were cutting back-the purchase of preciosa for future growth ,acquiring building team and raising funds,while creating coeur capital and purchase of global all the positives have been kneecapped by silver price-none of this was helped by missed guidance and now lower gold production and,forced altering of palmarejo mine plan ,as preciosa slips further away with low silver coeur has no growtn ,no catalyst as they blitzed the presentation circuit-cde is on the share price ropes with nothing to hit back with but low price ,first out worst quarter and rochestor should increase for the next three quarters-
How about GG coming to Coeur and drainin' this swamp on and for all? Once they dig out the sludge maybe then value will be added. They were willing to spend 3.55 billion; heck GG could get CDE under a dollar or less than half of Osisko.
Thanks Brolgaboy. What makes CDE especially annoying is that it's not even recognizing the silver price, no matter how anemic a rally there may be. I look at SLV as a proxy for silver, because the market open and close times are the same as CDE. Today SLV moved up slightly - it was $18.91 x $18.92 at the close (despite a bogus late post of $18.88). So SLV was up about 0.2% but CDE was still down 1.73%! And that on a good overall day for the market and dovish comments by Yellen.
The low (for the past several years) for SLV was actually set on June 27 of last year, at $17.75. CDE traded that day around $12/share. Now SLV is about 6.5% above that low, yet CDE is down about 29% from where SLV set that low. If CDE matched SLV's gains from the low, it would be trading at about $12.78/share right now. If you give the share price a modest 2x leverage vs. SLV, then CDE would be trading around $13.56, or nearly 60% higher than where it is now. I realize that SLV has its own production issues and does not trade at a particular ratio vs. silver, but this is getting beyond ridiculous. Very strange that SLV hit bottom over 9 months ago, but CDE hit a new 5 year low just yesterday.
Sentiment: Strong Buy
i just gave you a thumbs up Alex. This market is dead/non-functioning.
The day will come
Put my suggestion to Jim Sinclair last night re: establishing a miners consortium - his response
"you cannot herd cats" how poetic
meanwhile Agnico couldn't resist getting into the Osisko fray
So far today it's the bottom (set yesterday), but another down day for the stock. CDE is the most annoying stock I've owned in a while. Silver can't seem to manage a rally and CDE is performing much worse than silver.
Sentiment: Strong Buy
Read this message and you will see why shares are 85 cents (($.85)!!!!!!!!!!!!!))
Yepper, 85 big ones.
Well wheeler knew his time was runnign out so he did not give a damn abou tthe shareholders, only about building his dream. A lot of people got hurt in that fiasco because no one realised until it was too late thas what wheelr was doing. He built the company on the backs of the older shareholders. So the new shareholders are not doing too badly.. They wont make as much as they should have because the silver market is small and those who were hurt will never be back. But the rest will make a few bits. If wheeler was more shareholder friendly and open about things it would have ended up much better.. For a company to go from $250 to $8.. Well thats growth in some terms but its not about growing shareholder equity.. On top of it all he sold the crown jewels so he could finish his dream even faster! So he didnt care about shareholders but he also didnt care about the company itself very much.
350mill in bank ,huge resources coeur capital and its10-15 mill net free cash,puts till 3rd quarter 18 silver and 1200 gold-----two recent expansions completed including crusher and bolivia tailings out of way ,remedial work at kensington completed and cash cost brought down,complete overhaul management including corporate move and staffing and settlement of legal dispute and growing resources to 101 mill at rochestor-10mill silver equivelent oz project of future coming into feasibility along with joaquin deposit on pause in santa cruz ,20% northair and strategics svbl,pershing sol toro ,apogee ,commonwealth,caracara and idaho north--so much has been accomplished-can't believe with 103 million shares and cap ex down to 65/80mil this stock has got this low-