Whatsthebuzz

Coeur d'Alene Mines: Some Risk, But Big Reward Is Possible

We are taking a haircut if they keep issuing new stock.


On Jun 01 12:51 PM Freya wrote:

> Rich: I believe silver will be in the $40 area within the Next 3
> Years. But you did not take a haircut, no one did. The total price
> valuation is exactly the same.
>
> What is not the same, Earnings of 10 cents will now be Earnings of
> $1.00. That makes a really big difference to Analysts.

Coeur d'Alene Mines: Some Risk, But Big Reward Is Possible

This company executed a reverse split, then immediately started the dilution process all over again. I can only wonder if this is a recurring strategy for the this company. They claim to be paying off debt! I wonder who holds the notes? Board members, relatives? Hmmm, I wonder.
Sad very sad.