And not to forget, the Mirasol geologists discovered Navidad, later bought by Paas and still waiting for a change of focus towards mining in Argentina's Chubut province. Huge, huge reserves.
People like the hedge fund crowd have been around since 2000 before Christ. They extort the normal people and bribe authorities to give support. They think it is normal until it isn't considered normal anymore, because normal people start suffering too much.
Good to see, that you got the message. Only a coal-like pseudo-criminal will get that message. No one working for a hedge fund earns his income. They are just deceiving money-changers, who gain money at the cost of someone's and in all cases the society's future.
Why don't these blokes just go to the casino and play their own money, or better, start an enterprise?
Because they don't have a backbone and don't like to assume responsability.
"but this poster just messin with peoples head"
You better talk to Rasmussen and then feed back to us through Rasmussen
This has been going on for a number of days now, but today's opening volume is even higher than the previous days.
I am still fascinated by the weekly 200 MA of CDE. By the time we arrive there, we will have such speed that it won't stop there.
My experience is that the biggest move is always before the 50dma crosses the 200dma, not when it happens.
Hot, hot hot.......
The trading volume of Coeur remains exceptionally high, particularly compared to the remainder of the sector. Lots of last moment short covering going on, I guess.
Who is selling?
That will change, I am sure, over the coming years. Coeur is filled with rich reserves. Once silver and gold return to much higher levels, those reserves will also get valued again as they were in the past.
Well, that is absolutely true. Low costs at Palmarejo and high silver prices in the course of 2015-2016 may bring in enough cash to finance Preciosa internally without further dilution. Rochestor in expansion mode will also turn into a cash cow at higher silver and gold prices. And Kensington, let the good news come this week.