Coeur d'Alene Mines Corp. (CDE)

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I own CDE , wish I did NOT > I am long strong silver, Own a LOT of hard asset silver coinage and bullion. I am buying more nearly every week, I do own some CDE common and some 09 and 2010 options, will hold until it breaks even or expires at a loss, it is not a lot of money for me, IMO > BUY HARD ASSET SILVER - OR WELL RUN TRUSTED Equities. That is were you can make money at these levels without having to worry about double talking lieing management as we see at CDE.

This really opened my eyes on CDE: October 16

Now for the good news
Seeking to ensure that the company remains on a solid financial footing in light of these difficulties and the broader global credit crunch, I spoke to Coeur CEO Dennis Wheeler last week. Mr. Wheeler asserts that the company has no need to access or seek new lines of credit in the foreseeable future. With capital expenditures fully funded by cash on hand and cash flow, Coeur d'Alene is in a favorable position relative to many competitors with respect to withstanding the global credit crisis.
http://www.fool.com/investing/general/2008/10/16/coeur-dalene-could-mend-a-broken-heart.aspx

THEN MATTER OF DAYS LATER: October 20

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Coeur d'Alene Mines Corporation (NYSE:CDE - News) (TSX:CDM - News) (ASX:CXC - News) announced today that it sold $50 million in aggregate principal amount of senior secured floating rate convertible notes under an effective shelf registration statement on file with the U.S. Securities and Exchange Commission. The Company has also sold to the purchaser a warrant to purchase up to an additional $25 million aggregate principal amount of notes. The notes are convertible into shares of the Company’s common stock at the option of the holder at any time prior to the close of business on the business day immediately preceding the maturity date. The initial conversion price is $1.15 per share. The net proceeds to the Company were $40.8 million.

The Company intends to use the proceeds of this offering to fund continued development of the Palmarejo silver/gold project in Mexico and for general corporate purposes.

http://biz.yahoo.com/bw/081020/20081020005826.html?.v=1