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First Majestic Silver Corp. Message Board

edmundaronson 445 posts  |  Last Activity: 13 hours ago Member since: Jan 4, 2009
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  • Reply to

    wharf mine--hey geo got a question

    by edmundaronson Apr 29, 2016 12:56 PM
    edmundaronson edmundaronson 13 hours ago Flag

    i googled hl seeking alpha - there is an seeking alpha article titled" What the Hecla; an overpriced miner$1 intirnsic value-seek value elsewhere" april 28----this breakdown is by a long/short hedge fund but well written-sometimes best info comes from the other side-this came out april 28-read comments

  • Reply to

    wharf mine--hey geo got a question

    by edmundaronson Apr 29, 2016 12:56 PM
    edmundaronson edmundaronson 18 hours ago Flag

    harvey organ has a site that collects all the info everyday-makes it real easy to keep track but it does have a positive tilt towards gold and silver-this guy testified at a congessional hearing on manipulation of metals--if your into base metals svbl is dirt cheap a silver deposit with large zinc component -coeur owns 10% its about .10-silver is shallow and easy to get to-there has been alot of money spent for drilling ,permitting,metalurgy and pea-this as ready as you can get 100milloz silver a billions of zinc-one of the largest deposits left not in hands of a major-

  • Reply to

    wharf mine--hey geo got a question

    by edmundaronson Apr 29, 2016 12:56 PM
    edmundaronson edmundaronson Apr 30, 2016 3:00 AM Flag

    google IKN---its a miners blog scroll down to GOLD ACTION very strange

  • Reply to

    wharf mine--hey geo got a question

    by edmundaronson Apr 29, 2016 12:56 PM
    edmundaronson edmundaronson Apr 29, 2016 2:42 PM Flag

    by the way indepencia in 2017 is supposed to mine 660,000 tons and 440,000 are slated from inepencia este which is royalty free-exploration dollars at work rasmussen did a great job finding rochestor east some of the grades 7 times existing reserves-now i vaue your opinion-palmarejo profits can't leave mexico so i expect another build with that moneythere is debt to be pd down-i have a point over 1300 gold a higher high then i'll believe were in bull market and start to trade-my purchase of leaps and shares at 1.65. were forced on me by the absurd levels-therefore my soft shoe number but the shorts are gone at least not out in the light-that makes me nervous
    GEO-THERE IA A NEW BLOG CALLED ANGRY GEOLOGIST SET UP BY A GEO THAT IKN RECOMENDS this guys mission is to disclose the bs that the miners use to scam retail-also ikn has some charts up on gold dollar and gold euro-something very strange is happening-think you should take a look they have never seen anything like it before-again spooky stuff

  • edmundaronson by edmundaronson Apr 29, 2016 12:56 PM Flag

    rasmussen added 3years to mine life by redoing the mines 8300 drill holes and ramussen when asked about exploration said the rilling is focused again at existing mine and there was still years of added mine life within all goldcorps drilling--
    with rising metals and having higher grades do companiesalter their mine plans and mix inlower grades-how quickly do miners react to higher metals prices

  • Reply to

    coeur poised to take advantage NOW

    by edmundaronson Apr 29, 2016 6:41 AM
    edmundaronson edmundaronson Apr 29, 2016 10:26 AM Flag

    funny post -maybe its greece mon

  • Reply to

    coeur poised to take advantage NOW

    by edmundaronson Apr 29, 2016 6:41 AM
    edmundaronson edmundaronson Apr 29, 2016 9:52 AM Flag

    sis boom bah-sis boom ba ratta tat tat
    i'm dancin all the way to the bank
    i love amelt up

  • Reply to

    coeur poised to take advantage NOW

    by edmundaronson Apr 29, 2016 6:41 AM
    edmundaronson edmundaronson Apr 29, 2016 9:42 AM Flag

    you blow a mean horn-
    just a little soft shoe
    razz a ma taz
    and a little tap dance on the shorts

  • Reply to

    coeur poised to take advantage NOW

    by edmundaronson Apr 29, 2016 6:41 AM
    edmundaronson edmundaronson Apr 29, 2016 7:22 AM Flag

    the two explorers with nice projects that coeur holds 10% of shares are now kootenay at 11% and silverbull
    silver bull is a shallow silver deposit with very large zinc componant it is well advanced project but an expensive mill and complex metalurgy but the silver is easily reachable and first out
    then we have my favorite and a company i had many hrs of communication with over their deposit and coeur northair has merged with kootenay that did a good job developing the promotorio deposit that is now jv'd with paas-coeur for it large position in northair got kootenay shares and warrants and now has 11% of kootenay and paas has 10% and its jv-kootenay will now drill out la cigarra a nice deposit low strip ratio that cde has had its eyes on and financed-this deposit could turn out like preciosa very lare as its stands from its first n43-101 art 63million ozs-hit on an absurd 53 of 56 holes--ram section to be drilled this could qickly jump to 100 mill with possibility of 300--
    then sleeper not much talk coeur has 5% from pzg deal they recently bought calico and have reworked pea
    4-5 million ozs low grade but doable and 200mill to get it up and running-

  • edmundaronson by edmundaronson Apr 29, 2016 6:57 AM Flag

    has just reached an agreement with green oil to develope their golfiels concession-that is 100km from zuruma mill-it wil be a series of pits with ore removed and trucked
    dynasty tetainds 100% of underground mining -greenoil get 36% of ore milled-goldfields doesn;t fall under nsr as far as i know

  • last up cycle coeur was not positioned to take full advantage because of building three mines coeurs infrastructure was sadly lacking
    coeur had a AISC of 28.00 had to rework kensington and resuscitate rochestor and live with the onerous franco royalty-the breaking point was failure to pay land tax at rochesor
    efficiencies and recoveries really started with hanagarne ,all new mine managers and move to cjicago-
    with metals threatening to resume the bull market, coeur is well placed with new franco contract ,efficiencies and recoveries that were driven home by low metals prices
    -coeur was forced to explore and find high grade near existing infrastructure,it bought a simple heap leach that was accreatitive immediately and merged with pzg instead of building preciosa-
    so, this bull market coeur is set to have higher margins,well thought out mine plans ,two aquisitions,jualin deposit and a new franco agreement-
    -bolivia is now not crucial to coeurs future going forward as it was from 2009 when it produced the bulk osf silver oz's-nationalim was threatening issue at the time
    i think coeur will become a model of professionalism,and profitabilty going forward- this years exploration will intrigue me, palmarejo with its wealth of targets and its royalty free ore at indepencia este,jualin for high grade and mine life expansion then rochestor east for grade and further understandingof rochestor-
    if metals accomodate how will coeur react-i have seen how quickly time goes in terms of mine lives-

  • Reply to

    golden reward

    by edmundaronson Apr 28, 2016 12:54 PM
    edmundaronson edmundaronson Apr 28, 2016 5:58 PM Flag

    we could use a cfo on this board -

  • Reply to

    keeping eye on cash position

    by edmundaronson Apr 28, 2016 6:09 AM
    edmundaronson edmundaronson Apr 28, 2016 2:32 PM Flag

    finder-brilliant

  • edmundaronson edmundaronson Apr 28, 2016 1:14 PM Flag

    cde will eclipse hl as meatals rise it produces about 15 mill oz silver and 320,000/350,000ozs gold-cde has been leading sector in lowering AISC-so as gold/ silver rises at at certain level hl's cheaper cost due to grade doesn't matter
    coeur has 1/2 the share structure and
    a 10 million oz a year deposit drilled and permitted with feasibility just ready for higher prices
    -i like hcla but coeur is a rcket ship-when hl went to 11 coeur went to 38 when it was run inefficiently
    cde is also on NYSE so you got competition

  • edmundaronson by edmundaronson Apr 28, 2016 12:54 PM Flag

    has another cycle left in it and they also have a area recently found at over .03 at america eagle
    rasmussen says there is opportunity to extend mine life within the 8300 drill holes that goldcorp drilled he allready extended mine life three years and sees more-he is also looking at some other areas
    2017 ore will becoming from indepencia este 420,0000tons out of 600,000-that is royalty free
    krebs would consider a JV on joaquin

  • Reply to

    keeping eye on cash position

    by edmundaronson Apr 28, 2016 6:09 AM
    edmundaronson edmundaronson Apr 28, 2016 11:00 AM Flag

    "to the moon alice" "damn the torpedoes full torpedoes ahead!" "double down" " its a rocketship"
    "we got ignition"---" what's up doc"

  • Reply to

    keeping eye on cash position

    by edmundaronson Apr 28, 2016 6:09 AM
    edmundaronson edmundaronson Apr 28, 2016 10:25 AM Flag

    the franco deal resets in sept-jualin high grade kicks in -i don't have time put there are projection 3yrs out on coeurs mine plan and it shows profits-

  • Reply to

    keeping eye on cash position

    by edmundaronson Apr 28, 2016 6:09 AM
    edmundaronson edmundaronson Apr 28, 2016 9:56 AM Flag

    caboose-2/3 yrs down the road el gallo became 1%,,cerro bayo became cash and shares in mandalay and cerro had some problems drilling under the lake,and northair was non performing and traded for kootenay shares which are liquid liquid and allready up almost 30%
    correnso nsr only covered a specific area-about 24 mill in sales shores up that cash balance-
    coeur retained the biggest mone ymaker -the endeavor silver stream-
    do to connections to northair and research was well aware of monetizing
    -at first it bothered me but if silver was going to stay in 13.00 area and gold retest lows, coeur was going to skate near the 100mill level this year-rochestor every winter has weather issues first quarter and wharf has a heap leach cycle--coeur got about three yrs royalty's-to use in core buisness
    coeur once had a deal for 65mill for endevor stream and cerro bayo it fell when silbver crashed-it still owes 20million ozs

  • Reply to

    keeping eye on cash position

    by edmundaronson Apr 28, 2016 6:09 AM
    edmundaronson edmundaronson Apr 28, 2016 8:54 AM Flag

    geo-watch out for caboose,he will think your at it again
    what your views on krebbs/hanagarne stewardship during this down cycle
    also paas just upped its share position to 10% of kootenay,coeur holds 11% and AEM much less-kootenay jv'd promotorio deposit with paas carries kootenay to production,paas has a mill about 100km away that they may move
    -northairs cigarra will now be a focus of kootenays attentionas they try to get 100-200million ozs-
    also paas gives them two out of four land positions to explore-

  • edmundaronson by edmundaronson Apr 28, 2016 7:56 AM Flag

    beat by .12 revenues 148 mill-

AG
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