we have heard who is we-this is the mining business and these are facts of life in mining sector -labor,human error mother nature,,politics ,taxes---you are quite below average for your work-go back to accounting 101--do you ever get anything right--
that 25.00 fiqure was using a gold mine in Alaska just ramping up from remedial work and turning it into silver equivalent and after rochestor had severe winter weather conditions effect production add a large exploration budget that gets no credit for oz's put into resources---that 38million you used to make fun off me is credited to 2nd quarter with no production costs outside of smelter fees etc- you must have failed accounting 101-
credited to first quarter that leaves the 38 mill less smelter costs etc for 2nd quarter--this was from investor relations-that along with rochestor and palmarejo should help this quarter----
hey mikey [mind if I gloat-cost of production credited to first quarter-so smelter cost etc come in 2nd----this is from investor relations---guess you failed accounting 101
tall-have got as far as gecko research and pinyon newpaper article but can't establish ant figures or how that massive figure was extrapolated-was not attempting to be sarcastic when I mentioned fantasy figure- 4000 a day that's 500 a hr for 8hrs for special master for a year is about 3 mill-
tall-just re listened to supreme court-got 12,000 documents ryepatch and as many submitted by coure got was it 700 competing claims and special master did one day on a review- how do you get 500mill in legal fees-was that a review by special master of each claim as I said that this is some fantasy breakdown for geology etc-- this 500,000,000 is a fantasy number-
tall-wasn't that special judge 500.00 an hour---I can't grasp your 500mill figure-that seems more than impossible -was that the replay of court proceedings-my ignorance must be excused here and I am not being combatitive but that number is just some sort of fantasy projection I assume-500mil can you brealk down how you got that --I have listened to court case live and on replay and found cde lawyer very uncomfortable -round one to this novice goes to ryepatch but who knows what goes on with legal politics-every legal suit I had was a protracted settlement --again I would appreciate your re checking nobody pays 500mill for this king of suit-
new 1% tax on reserves has industry in uproar this will be challenged in court- will stop exploration in tracks-Joaquin will be effected--
silverfox actually I post to irritate you bashers and your pre reverse split and 10/20yr #$%$---and mikey there was clueless to production overhang or rochestor big jump in production-remember we also have big paper profit franco---
being a ha ha guy at least you now you know about 38 mill-how much were the costs on this inventory produced in first quarter and sold in april-at least it was sold before big drop--I make no claims on being an accountant so maybe you can let us know the cost and how it was recorded-actually better off being sold this quarter the difference would have been quite dramatic this quarter--
go knock on door before they buy svbl or pershing and start building preciosa-
anybody got an idea what the total legal costs will be or how much has bewen spent---
where did you read estimates of 500,000,000mil-
silverfox like all those zeros are just for emphasis again for you in shorter form that's 800million ounces and 6million gold oz's with 19million oz production and 250thousand oz's gold that's 800 million dollars in revenue-got it silverfox- that's 300 mill in bank, got it silverfox we are spending 40,000,000 on exploration cause we can and because we add oz's-got it silvefox-we bought one of the top deposits in world and got the mine builders to do it right-got it silverfox-38 ,000,000 extra this quarter got it silverfox,rochestor back -got it silverfox ,palmarejo coming back got it silverfox-at what point is cde a buy silverfox georgie bought at 24.00--ishort selling exhaustion at some point and what event will send them to exit gdx,hui comex -hope you get out the door silverfox
-icde has built three mines since 2008 and now about to build preciosa another world class mine-it has added a highly experienced and successful management team-the bashers will go back 10-20 years, the bashers will point at current share price which is reflection of silver and market sentiment but with these assets and production with the management and pipeline it make this stock primed to explode with a increase in silver price-in lower silver price environment cde has many options to cut costs that others don't have-silver may test the lows and even break 20.00 but how long will it stay there-a lot of company on sale
800,000,000 ozs silver all categories 6,000,000oz's gold all categories the company has 19,000,000oz silver production with 250,000oz gold from two top 10 young long life silver mines, a newly built long life gold mine in alaska with another top 10 silver mine to be built by 2016 producing another 9,000,000ozs-800,000,000-to a 1,000,000,000 dollars in revenues the last couple of years, 300 ,000,000 in bank-a soon to be..100,000,000 oz deposit Joaquin in prolific santa cruz and finally the reclaimed rochestor with 10yrs of tailings production at 3.00 a oz-----this is now a totally rebuilt company----
hopefully some day those high cost Peruvian mines pay off-one of the advantages of being a large producer is diversity but when silver gets hit for an extended period of time and turns argentina and Bolivia into at best marginally profitable it starts to hurt-at least navidad was put to sleep and mfn bought---orko would have been with a 40% jv partner an uncomfortable position right now--so with money in bank and its big production and resources paas will navigate this painful period as will cde .hl and ag--
production overhang is no excuse-thats what your wife gives you-this is mining industry stuff happens weather ,human error ,geology ,labor, govts,breakdowns geology--
great post lpet--you certainly did clarify taxes , royalties and insurance-would really like to see us back up the mountain and with those higher grades and the expansion---
the street values stock at 14.00-get over it want to use 1.40 you must do 10 for one split-then you can call it what ever you want-