Get its reputation back,no thanks!Let talk new management..Its talents,past reputations and success.The building team of phillips/kennedy has accomplished only feasibility but has long history of on time on budget and building projects in mexico and argentina,they also were brought in by john smith of ssri from paas to straighten out pitquitas which they did.This team is still dealing with the hand given them.Exploration team now is even more important right now at kensington,palmarejo and rochestor along with preciosa .Fun times for those guys.
merry christmas lpet-there is 126pg technical report on miguel on paramount website-if in 6 months silver and gold are that high nobody will give a hoot -but they gave them quite a bit we should of had sleeper also-at worst an nsr-maybe that property explored has more,after all it is substantial--we did offer at the time 370 mill for preciosa,that needs a mill at a cost of 300million--
armatima- i don't get where you say cde produces 10mil from mexican operations alone-we only have palmarejo producing in mexico 6.7-7 million oz's silver.You don't need to be correct to decimal point but your figure was off quite a bit -sorry
Armatina when this deal closes there will be over 30% dilution,it is not a mine but a deposit and it will take some time before any meaningful influence to production and there is also 15 mill to be spent.I think cde needs help from metals and not just .50 but the work that is accomplished now will pay huge dividends later -this stock is quite explosive.Tough giving value in this sector at the moment but i feel we overpaid with 1/3 of coeur for PZG--- i would have preferred some other payment but understand why we didn't and i believe they would not have taken cash offer.This deal went down because of value of coeur shares.
sells a property in sonora and acquires nearby prospective property.coeur has about 18% of northair and a NSR--that 18% was pre dilution that gives northair about 8 mill to spend on exploration--
mbli-like more info myself-charts,statistics ,exploration or metals prices-15.80 silver is not going to cure anything-a lot going on out in the big bad world---
mbli-now that coal is gone,coeur has been doing exciting things for quite awhile with cost cutting,recoveries ,mine plans and exploration but silver/gold paper prices still dictate.In one respect coal kept harping earnings and untill pm prices tirn or deflationary forces bring down costs our earnings for several quarters be negative even with kensigton grades and rochestor,The fixes are in place and hopefully the market is forward thinking and corur has already been discounted.Also we have those extra 30million shares.What are your views-on earnings for next couple quarters.You may wonder why this topic,i think discussing things in open defuses the likes of coal.
what assets did they have then-what was their production-just curious, not being a wise guy--
gone to coeur,149mill because of infrastucture ,proximity and no franco royalty.The high grade do esse will cost only 15mill to get to production and its all shares-svbl before preciosa was cde's first choice,stll would love them to buy and keep preciosa on back burner--northair recently was in their sights but new management diluted cde's 18% and nsr----
maybe we can now get some informed posters that provide relevant info and ideas-hey fifty i think you scored and got to keep sleeper-there is so much good going on here under the hood but silver dictates and our assets depending on grade -4th quarter will have some bright spots with grade both rochestor and kensington and we did have some protective puts but pm prices are the killer,most of exploration positives are for further down road-in 4th i always worry about production and inventory overhang-smelters deliveries payments all seem slow at that time of year-so 4th quarter revenue gets hit and the overhang gets credited to first quarter-i post info on strategics ,exploration and any bits i pick up ,i communicate with other companies and have a positive bias toward direction of management is taking-so lets pass on as much info good,bad and ugly -
mbli-make that a silver ice bucket-hope that they find more and high grade at depth-by the way i have hels my minimum core position but have been on sidelines when it came to trading against momentum or add into my minimum and earliest buys-that was an abstract thought provoking post only-i would assume Krebbs learned his lesson -sorry if i offended you
i still have my original core purchase was just playing with this while on sidelines.I even called franco when rumor of pzg buyout came out in attempt to find out if they were in the mix---look at subject title.simply a piece of abstract thinking including buying them out.
meaning couer /pzg---what would franco take to be bought out-what could we trade from coeur capital---just playing-at 30 dollars silver preciosa nsr brings in like 10mill a year for two decades----
but i called franco re negotation way back at european gold forum------now franco has upped gold royalty once the obligation of 400,000 oz met-sept 2016 till then 50% of gold with a minimum production of 50,000ozs-also franco supplied 22 mill to develope guadalupe-with purchase of paramount and in 2016 there will be no minmum on palmareju/guadalupe and don esse and miquel are not bound to royalty-is franco feeling threatened by couers ability to mine just ore from don esse with no royalty because minimum has lapsed-what if coeur again renegotiates on whole package-franco has lots of money to kick in to protect it 50% of pal-lets say a substantial amt of cash and 25% of whole project at 900 or nsr on package----just wondering how franco feels about this deal