they have seriously diluted ,want to get listed and will do a r/s then there will be some meat on bones for shorts-over 400 million shares -off the top of my head
Exxon's costs "to extract a barrel of crude from the ground rose 9.3 percent last year to a global
average of $12.55."
Article about its Russian interests, etc.
Try finding a company investment in O&G that claims it can beat those lifting costs.
Of course, it all depends upon what are included in those metrics, but this highlights
one of the basics upon which that company's decision making process is based.
found it ,in preciosa technical study,shows as a concession but now seems acquired and is about 1/5 of preciosa total land package.figure 4.2 preciosa consolidated land package ,ther is section on royalties and earn ins ,this covers purchase of 3%nsr by coeur
is shown in recent presentation by joe phillips on the map of mines,projects and exploration properties,la coyota addition is part of preciosa project.Newly acquired when,how much and why.-can't find any release or info on internet.Was not on feb investor presentation.
amazing what can happen if exploration occurs around a mine site...
FirstGold was just trying to stretch too few dollars and make money on already "known"
grades on the surface, which grades were apparently not even as high as previously reported...
oops, there went another valiant, but poorly conceived, mining attempt...
using the right exploration and evaluation techniques at this site was insightful, indeed...
from my limited perspective, I wouldn't have expected this success...
but...hey...we each see different rainbows to chase...
regardless of how much additional gold is found going forward, the infrastructure already in
place should make this a winner...IMO...
That is why I think SSRI is way oversold so I think is cheaper than CDE. Also, look at CDE debt? As for SSRI, check out their total cash vs total debt. I don't care how you look at it, I think SSRI is much better.
CDE vs SSRI
Let's compare total cash and total debt, total cash per share, bookvalue, forward PE, etc
Been a great day following last night's report, a lot of activity and a lot of opportunity, the perfect combo.
Coeur is totally off the radar screen. Rick likes juniors, but he also wants to commit large sums. Coeur has the price of a junior and can can easily aborb large investments. Makes it attractive, I would say.