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Coeur Mining, Inc. Message Board

  • stahlz2000 stahlz2000 Feb 15, 2013 12:11 PM Flag

    Check out 7:45 AM News Release

    I would post the link but doubt it would go thru .

    Good news !
    Increased reserves figures going up !
    Silver and gold in the ground is better than having money in the bank .
    It takes one doubt out of the equation as you do not have to worry about a bank failure .

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you very crazy pumper. you all time pumping this shatty stock. it to take them more money to get the gold and silver out of the ground than for what they can selling it for, so they continue for to doing the dilutuion for about 8 more years, then they again do reverse split. the salaries going up while the shareholder value going down. you either big time pumper and dumper, or very dim bagholder.

    • Is this on the CDE site or where abouts can I find this? I it specifically about CDE?
      TIA
      Jim

      Sentiment: Buy

      • 1 Reply to jiminy539
      • Excellent of CEO Krebbs to issue a special PR for this. A lot of money goes into exploration, so it is only normal to have an annual update on the incremental reserves.

        http://finance.yahoo.com/news/coeur-reports-healthy-increases-combined-124500889.html

        Coeur d'Alene Mines Corporation (CDE) (CDM.TO) today announced that the Company increased its total combined proven and probable reserves and measured and indicated resources of silver and gold by 17% and 12%, respectively, resulting in the addition of 85.2 million silver ounces and 462,000 gold ounces at year-end 2012 over 2011. These gains exclude the 18.0 million ounces of silver and 226,486 ounces of gold produced during 2012.

        The Company’s Rochester mine in Nevada increased silver and gold reserves by 52% and 25%, respectively, over 2011 after producing 2.8 million silver ounces and 38,071 gold ounces in 2012. As described in the Company’s January 17, 2013 news release, Rochester expects to increase production by 35 - 50% over 2012 based on continued processing of historic stockpiles. These historic stockpiles contributed to the increases in silver and gold reserves.

        At the Palmarejo mine in Mexico, silver and gold measured and indicated resources grew 169% from 17.0 million to 45.7 million ounces of silver and 370% from 205,000 to 964,000 ounces of gold from 2011 to 2012.

 
CDE
8.04-0.18(-2.19%)Jul 24 4:05 PMEDT

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