That is the best outlook that I have seen from any company any where.
The dilution was to pay for the aquistions. Many of the other silver producers depend on the base metals as support of the operations. the base metals have been devastated. Also silver is a byproduct in many other mining operations that are being shut down which means lower world silver production.
Right now there is like a 13% short position in CDE. It wouldn't suprise me if some one isn't trying to buy time to raise money to buy.
Deflationary Depression: Where Do We Go from Here? [View article]
Moral Hazards Amok
The commodities bubble was burst intentionaly -Don Coxe called it a "brilliant" plan to knock the legs out from under hedge funds and begin the sell off with margin calls continuing the process. There is more to go. This not only let the air out of gold but it is unwinding the derivatives andguess where the money is going - in to US T-bills. When the hedges are done selling the dollar will fall for years to come as more money is created to prevent default by the US.
Coeur d’Alene Mines Corp. Q4 2008 Earnings Call Transcript [View article]
The dilution was to pay for the aquistions. Many of the other silver producers depend on the base metals as support of the operations. the base metals have been devastated. Also silver is a byproduct in many other mining operations that are being shut down which means lower world silver production.
Right now there is like a 13% short position in CDE. It wouldn't suprise me if some one isn't trying to buy time to raise money to buy.
Deflationary Depression: Where Do We Go from Here? [View article]
The commodities bubble was burst intentionaly -Don Coxe called it a "brilliant" plan to knock the legs out from under hedge funds and begin the sell off with margin calls continuing the process. There is more to go. This not only let the air out of gold but it is unwinding the derivatives andguess where the money is going - in to US T-bills. When the hedges are done selling the dollar will fall for years to come as more money is created to prevent default by the US.
Nine Stocks Selling Under $3 a Share [View article]