InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: None

Tuesday, 09/30/2014 11:24:37 PM

Tuesday, September 30, 2014 11:24:37 PM

Post# of 35713
CDE Coeur Mining, Haven't bought yet, but I'm carefully watching for the bottom or a confirmation of raising silver.

They probably have the most leverage, and highest sensitivity to raising silver prices of any decent sized producer out there.

Last 2 years they have been successfully revamping the company, including the royalty mining costs and CAPEX and subsequently are in much better position, other then suffering from low commodity prices.

500M MC
Cash 300M
Debt Long 468m
EV Near $670M
PPS dropped from $32 to $5/shr in last 24 mths

For that you get

500M oz AgEq Reserves and
30M oz AgEq annual production

Going to be some story when silver heads back up.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.