sniffing around bottoms again snook,--50,0000 gold ounces and 5 million silver from rochestor in 2015-34-36 million silverf equiv oz's at 10.00 move in silver will boost revenue by 340 mill not including coeur capital revenue--revenue would be over 1 billion-that would also make preciosa economical and a 10million oz producer-in the meantime happy bottom sniffing
identifies another gold zone tierra blanco onit's elrayo property---near agnico eagle boundry and cayden resources recently purhased by aagnico-
163mill silver oz's and that doesn't include zinc ,this is so ready to build and now they are switching focus to zinc and growing that-if we didn't have preciosa this could have been coeurs next build in better market--low cash burn-just sold gabon property and closed deal ,so they have some money in treasury.this is the biggest deposit not in amajors hands.
has increased its grade 14% and total ounces by 17% with recent drilling,coeur holds 13%of oustanding shares and a 2%nsr.,northair used a silver price of 22.00,inferred resources had a 31%increase in grade to 80g/t-even at 17 .oo oz the resource lost very little-
is a exploration company partially owned by coeur and funded to explore in nevada,just recieved drill reports back on eagleville project with "significant gold mineralization in several holes".This first round of drilling at this project which has 8000ft of underground workings and large unexplored area-this was a past producing land package.idaho north will aalso be drilling in tonapah at areas of coeur interest..
actually quite exciting times for coeur with exploraation and building guadalupe with all theses new high grade areas and kensington with its build to access jualin high grade and who would have believed rochesor producing all that gold and silver..But metals still dictate and snook can gloat but coeur is setting up and i get to add shares down here for next ride in such a much stronger company.Wharf mine,preciosa and pzg as well as coeur capital.
the purchase of pzg secured palmarejo with high grade material that does not fall under franco royalty and wharf added accreative oz's at 850 aisc all of this is helping with institutional investors-
came with mcewen mining via the global purhase-its high grade and minimum15 yr mine,first year of commercial production-
dynasty metalszuruma mine produced for year 28,355oz gold and 8,155 for 4th quarter ,this is first full year production and mill ran at 50% capacity,coeur holds a 1.5%nsr
grade,impact of energy and chemicals,efficiencys protective puts,-merger with pzg and purchase of wharf which increases debt and dilutes 30mill shares, add 10mill towards spinoff and 5 mill to pzg for exploration-now gold is recovering and silver up to 18- was 4th quarter discounted all ready during tax loss selling,low metal prices and re-balancing
2015 guidance-- 55,000oz gold and 5,000,000oz silver about 8million silver equivlent.not bad from shut down mine.pzg don esse project will be fun driving that incline and a tunnel at kensington,.all this with preciosa just waiting.Rasmussen must be real busy and very happy being with coeur.
strengthening relationships and internships at 5 usa mining schools.thats reno,colorado,montana,fairbanks,south dakato,--supplying lecturers and summer internships-smart move both for future and public relations in states where cde has mines...monet and time well spent.