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Coeur Mining, Inc. Message Board

  • monarch6500 Mar 27, 2013 12:39 PM Flag

    E Cat.. New 2 stage Hot Reactor. 3rd Party report out soon..

    Re CDE.
    $24+ book
    Buying 100 million ounces for $350 million.
    Silver as a decreasing available resource over time.
    55 to 1 ratio to gold.
    8 to 1 natural ratio.

    Stock selling below $19

    I am so confused...

    Sentiment: Strong Buy

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    • Silver is cheap right now.
      What meaningful item is gold in?
      Silver is in a lot of things that are important in the world of humans, including medications. If it went sky-high in price/value you can bet a finacial recovery will be off the table. The price of gas is bad enough!
      I can only hope that silver does do some momentary spikes, dragging CDE up with it.

      Sentiment: Hold

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