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.
don't mess with fsmi ,one lawyer is too many-this lot will consume each other---if cde shares keep going up the deal not going through might be a blessing- cde shares already up 50%--
here or there-we just keep printing money until we are out of trees..Better yet just create electronic money but what about third world countries they value that barbaric metal gold-well convince their kids to use leverage,,they all have computers these days-use greed convince them they can make a fortune in futures,those indian and chinese kids are smart get them hooked on charts- stress safety factor of etfs and vaulted storage for the older investor-use the press,create volitility and make the stock market attractive-now hurry up or i'll have to start a conflict some where to get the gold back-
The re negotiation of franco,the acquiistion of pzg and pucrhase of wharf,delay of preciosa and exploration for high grade oz's at kensington and rochestor -all made possible and hastened by lower metals prices.Low prices have even stabilized bolivia---nobody wants a break even mine.
nice having ex producing property-i imagine permitting will be easier-just think what somene would pay on open market-still its down the road but will be fast tracked--
fsmi and frieberg made this deal, the spinoff company funded with 10mill from coeur for sleeper and spring valley are both in nevada and sleeper is heap leach with a tailings component ,just like coeurs rochestor mine-the corporate strategy is to build value,partner ,jv or sell -frieberg and fsmi have controlling interest in seabridge and now have shares in coeur that they feel will outperform pzg as explorer-i believe the hidden value is in paramount spinoff -sleeper has in M+I over 3 million oz gold but it needs more drilling and higher metals and who better than coeur in nevada for a large bulk tonnage heap leach as a partner --just look how they brought rochestor mine back to 20yr mine life--
has a pea with mine life of 17 yrs producing 172,000gold resources in -M+I gold about 3 mill ozs and 32 million silver-coeur will have 5%interest and synergies againas sleeper is heap leach--then there is spring valley near rochestor and ryepatch--so crupi and gang try and do another pzg starting with 10mill that coeur puts in.
have 24million shares of paramount and controlling interest in seabridge with merger coeur has a interesting new large investor-their interest lies in buying and selling mining property building value jv's but not production-will fcmi hold its coeur shares ,i believe so as to realize the value that paramount previously had-rudi fronk ceo seabridge on board directors paramount- seabridge corporate strategy is sell ,jv or partner -
paramount also holds spring valley property quess where,!!!! adjacent to ryepatch lincoln hill,rochestor and gold ledge,now cde gives spinoff and 10mill they drill at sleeper maybe spring valley and when money runs out coeur capital buys a nsr or coeur jv's sleeper--now remember pzg's backer now holding coeur shares