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Coeur Mining, Inc. Message Board

  • edmundaronson edmundaronson Mar 15, 2013 9:21 AM Flag

    hedge funds battling far east bullion banks--banzai

    smallest long gold position since bull market started and biggest short position in history-short 68,000contracts about 10%-dan norcini considers this a remarkable event

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    • Tell us, Edee, when has higher gold and silver prices equated to a higher sustained share price for Coeur shareholders???

      When has new resources resulted in a higher sustained share price for Coeur share holders???

      When has the completion of new mines resulted in higher sustained share price for Coeur shareholders???

      EXACTLY!

      So, if you think gold and silver are going HIGHER you BUY PHYSICAL GOLD AND SILVER and leave it to the NITWITS to buy CDE.

      • 1 Reply to snook_lite
      • Snook, I agree that Coeur consistently disappoints; I've been here a long time. Currently under water because I thought $22 would hold and that's my current average after buying back back in.

        I'm thinking CDE needs either a sustained breakout ( up) of silver leading to longer term higher silver prices, or cash flowing into the entire horribly depressed mining sector. The hatred of the miners is "supposedly" overdone and perhaps the sector will finally respond as a value play. The big money boys could certainly start a pretty good rally from down here and make a lot of money on the way up after most retail gives them their shares.
        I'm a nobody who's lost some faith that CDE will simply move up on it's own fundamentals.
        IMO, it will run with the others as part of a "collective" move.
        Either scenario would make me happy. I want Cour to go up but at this point, don't really care what the reason is.

        Sentiment: Hold

 
CDE
5.48+0.13(+2.43%)Jul 2 4:02 PMEDT