But according to the thread trolls, CDE is "a stellar, well managed company that is going to shoot through the roof." The can't offer any logical reasoning to why it would do so. 1st Q was a disaster. More folly to come including more dilution and a lower share price.
And then what? Pray for higher gold and silver prices? If that doesn't materialize then what happens? You can only burn through cash reserves and "monetize" assets for so long when your management team can't produce profits. Eventually the music stops and there isn't a chair left for you to sit on.
I am sure he is "Haunted" by it. He feels so bad about it he thought he would make it up to us shareholders by diluting us down to our current level. A wonderful CEO who is really only thinking about the investor. Thats why he moved CDE HQ to Chicago wasn't it? Oops. No it wasn't. It was because of his girlfriend and the fact that she wouldn't move from Chicago so he did what any prudent CEO would do. Move the company's HQ so he can play footsie with his gold digging girlfriend (or silver). A real thoughtful CEO.
From all the bs thrown around this message board it sounded like CDE was going to shoot to the moon after this merger. LOL!!!!!
I agree 100%. CDE needs a complete management restructuring in order for it to be profitable. Getting PZG was wise, but look at who is steering the ship?