Seeking Alpha

Coeur d'Alene (CDE -0.9%) says it will evaluate strategic options for its Martha silver and gold...

Coeur d'Alene (CDE -0.9%) says it will evaluate strategic options for its Martha silver and gold mine in Argentina due to high operating costs, and will recognize a Q2 charge which "may result in future cash expenditures and may be significant to the company's quarterly and annual results." The mine produced 1.6M oz. of silver, or ~10% of CDE's total silver output, in 2010.
From other sites
Comments (2)
  • Papaswamp
    , contributor
    Comments (2204) | Send Message
     
    Might want to get out as quickly as possible before Argentina decides to nationalize it's mines.
    25 Jun 2012, 12:59 PM Reply Like
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    how do you factor in the cost of a government that steals private property
    25 Jun 2012, 01:30 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs