Not profitable for share holders unless it moves once in awhile...

Franco Royalty and Lower Interest in Q3.

Quote from Stockhouse:

"This quarter Coeur sold 19,000ozs gold from palmarejo-this next quarter with same 19,000oz sold at price of 1350 with no minimum and a 50/50 split with Franco paying 800.00 per oz to Coeur...
Coeur will realize 20.425M about 7M more than 2nd quarter.

The paid down of 100M loan will save 2M in interest per quarter

Selling same amount of silver at 20 another 12M.

The Franco royalty, the savings in interest and price of silver add up to 21M, plus another 6.8M from $100 rise in gold company wide-
that's an extra 27.8M

Gold @1350
Silver@20.00 same production and expenses.

This is hypothetical and back of envelope just to show the difference with Franco change of royalty, the recent pay down of debt and today's gold/silver prices with static cost and the same production,
again that's 27.8M per quarter more."

So, four of the six were forward splits, the last being a rather large 25:1, apparently this caused the over 1 Billion excess share count I keep hearing about...Based on their prior history, unless something has changed, am I correct in assuming there is another reverse split in our future?

Anyone, My question I guess, is why do they have a history of jacking the share price around with splits, GCM has had 6 since 2005, is this common? Does it have anything to do with the bond situation. See chart a bottom, click Max then Indicators then Splits.
http://www.stockhouse.com/companies/quote?symbol=t.gcm

Check Stockhouse.com, the TPRFF chart looks more realistic without the spikes but, does show the split, GCM shows 6 splits going back to 2005. You need to click on "indicators" above the chart and select "splits" to view them.

So, it just dawned on me that 1.75 price you cited was after the split so, it was artificial, the real historical price would have to be prior to 6/18/2013. Google finance has good charts, look at historical GCM to see the split. Its funny how the GCM chart does not show the spike in price that the reverse split generated but the TPRFF chart does, along with two other huge spikes that I currently can't explain.

They did a 1:25 reverse split in June 2013, near as I can tell, that and the falling price of gold triggered a huge protracted sell off and may have severely damaged their image.

You've got some good ones in there, my major holding is CDE. At least with TPRFF they have +4 times the production MEAOF claims to have @ 1/2 the AISC with, oh I don't know, 20x the reserves. TPRFF's biggest problem is their debt but, it is being paid down and is manageable with their cash flow.

Yep, 300K, nobody is a bigger loser than MEAOF, dumped my position 2 months ago, took my 30% profit and ran. Took it all and rotated into this one, why would anyone pay .10 for MEAOF when TPRFF is the same price? I can't see how TPRFF won't beat huge on profit on the 11th, we should double shortly after release barring major price suppressed.

NSU is looking good today.

Combined, I have a very small portfolio, all miners, I should have said in the last year but, nevertheless I started with CLGRF averaged in at .40, rode that up into SSRI, sold it all at 14.45, rolled it all into CDE at 13.63 and so far have rode that to 15.40. Haven't taken any profits yet, doing the math, I'm basically into CDE for $2.

I'm looking at 650% this year on my combined three major holdings, in this order, CLGRF, SSRI and CDE and don't forget...BAM!!

Good point, I've gotten spoiled with this years seemingly endless 2-5% days!

Another pitiful performance today, after a pretty good Q2 release. With a huge float, the MM's must have total control over this, its trading like MEAOF.

Yes, this stock is a strong performer, opening high of 14.99 sparked lots of profit taking this morning, although buy side is still stronger.

Are you serious?

Its all in the charts man..../sarc!

Thanks Geo, CDE earnings beat on revenue after close, estimate .02 actual .09, up big after hours!

https://www.twst.com/update/coeur-mining-inc-coeur-reports-second-quarter-2016-results/

Huge Q2 earnings revenue beat, estimate .02 actual .09, up big in after hours trading.

https://www.twst.com/update/coeur-mining-inc-coeur-reports-second-quarter-2016-results/

Geo,

I hear ya bud, and I know about "pump and dump", MM games, low volume gains and low volume sell offs, buy/sell ratios etc. I think you are generalizing, you fail to mention the multitudes of very successful companies with decent fundamentals that have superior IR, great volume, attend all the conferences, cater to the institutional buyers, plus multiple analyst coverage creating a "buzz"in the community ie; MUX, AUY, ABX, AG, PAAS to name a few. 5 baggers were pretty common this year, you have done well picking yours, but what then, when they get toppy, you need all the input possible to keep your profits coming in, I never fall in love with a stock, got to stay flexible. I've learned so much more blogging over the last eight years than practicing conventional T/A, although it does offer valuable input. I'm retired, don't trust the stock market or the economy long term so, I'm gonna make my million in miners this year or next and I'm out. I've learned tons from you Geo just in the last couple years ie; The focus on "only producers", Au+Ag companies, revenue, cash flow, debt, debt/equity ratios and so on as found on yahoo "key statistics", realizing the data and dates do have to be fact checked and updated. There are others I've learned from in my travels as well too numerous to mention. Hence my handle: ConferredDiligence.

PS. At a glance I would not buy LPLC based on sector, no revenue, no cash flow volatility and the 1 year chart.

CD

Yeah, I shouldn't but, I keep comparing it to were I would be if I didn't sell 31k shares of CLGRF @1.04 to buy it. Hypothetically down $45,000 to date. There is talk over at Stockhouse that earnings may not be good, looking at today's trading action, down 4%.

TGCDF has barely moved since I bot at .54 many weeks ago, pretty disappointing so far, don't like the way it trades at all, seems heavily manipulated, too big a float I think, earnings Thursday, we'll see.

T, Yeah, been out of MEAOF for awhile now, I don't think that mill is worth as much as people say, its just too damn far away from Barry or any take over prospects, that in itself would make it worth less than book. Some say 65km but, from what I understand, that is how the crow flies, apparently true distance from Barry is 117km.

CD

T, I sold all my SSRI @14.46 and rotated into CDE @13.63 so I am ahead in shares and almost even again while SSRI is still down 1.40 from where I sold. CDE has earnings release tomorrow after close. I just like the way CDE trades better (look at the YTD chart, WOW), along with 3x volume, more projects, silver and gold production and exposure creating more momentum there.

CD

It appears to be mainly for "tweeting" but there are a lot of links posted leading to sites I've never heard of with "fundamentals".

I moved over to Stocktwits after Yahoo format change, the posts over there are pretty regular and brief but, you can post links.

Geo, Nice find with that Canadian Yahoo Finance, I see their using Stocktwits for their market pulse.

T, IMO No, It is my view that T/A cannot be reliable in a heavily manipulated market. If you have been watching PM's on a daily basis especially today, you can see PM's want to break vertical to the up side but, get artificially slammed back down every time, how can a chart predict that arbitrary trading action? Looking at Kitco today the up side breakouts are getting pretty violent, revealing the up side pressure that is present. The FOMC meeting is tomorrow and Wednesday along with options expiration on Friday, if fed keeps rates unchanged, just the same as the ECB kept rates unchanged last week, there should be even more up side pressure next week and IMO PM's should once again rise.

CD

And this:

TPRFF director purchased 275,000 shares at 15 Canadian cents https://www.canadianinsider.com/company?menu_tickersearch=GCM%20%7C%20Gran%20Colombia%20Gold

T, Found this little tidbit in my travels:

"TPRFF is the best and most undervalued gold stock...Their 16 million dollar buyback program news was released 2 days ago."

CD

That's why their in my long shot department, one day I'll take a look and be pleasantly surprised.

T, I had 50K of GSS @.32 in lieu of BAA (too much debt, bad jurisdiction), sold and bought STADF before they were acquired, I think GSS is a good company, should have hung onto it. There is a buzz about TPRFF but, don't know much about.

CD

Just jumped in to CDE, so far is performing great, earnings next week!

Hissssss!

Cork, It looks like that did have a lot to do with it, gold stocks recovering nicely.

http://www.zerohedge.com/news/2016-07-21/ecb-keeps-rates-unchanged

Cork, Maybe this ECB monetary meeting tomorrow has something to do with PM drop over last few days.

http://seekingalpha.com/article/3989938-gold-meltdown

Yep Cork, looks pretty scripted to me, gold stock insider's either saw today's PM slam coming or they orchestrated it. All happening with the dollar flat or lower since 12am this morning, I guess that historical correlation has been corrupted as well, it only matters if it benefits them.

Did you see all the gold/silver miners down about the same (2.5%) today on flat or better pm's and no negative material news what so ever? I suspect MM's conspiring in that sector to drive out weak hands right before earnings. What do you think?

Anyone know SSRI Q2 earnings estimate?

JD, I am in agreement, especially with your highlighted text, we are currently in uncharted (pun intended) territory.