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Coeur Mining, Inc. Message Board

  • goldbug163248 goldbug163248 May 16, 2013 4:24 PM Flag

    Smart move by Coeur and Krebs 1 year ago

    Seems like Coeur made a smart investment in Pershing Gold a year ago, considering how well that stock has held up in this market (especially compared to its own performance). I think it must be due to it being a near-term low cost producer that will still do well even with low-cost gold and does not need much cap-ex to get there since it already has a built and almost fully permitted mine.

    I wonder if Coeur is planning any additional investment here? Seems to make a lot of sense considering its proximity to Coeur's signature Rochester mine for which it has announced expansion plans.

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