Coeur d'Alene Mines Corp. (CDE)

[finnthecelt]

Precisely, the gold sales allow them to do what they do... "This transaction solidifies Coeur’s liquidity position and provides sufficient capital to complete the construction of the mine and fund continued exploration and development."
http://www.businesswire.com/portal/site/cnnmoney/index.jsp?ndmViewId=news_view&newsId=20090121005399&newsLang=en&ndmConfigId=1000618&vnsId=33

It's silly to me to think that when gold increases in value investors will look back and be bitter. Seems to me most investors in PM's are looking ahead at gold increasing in value as it is. The market looks ahead not behind.

Also, it's a stark possibility that when gold hits $2,000 an ounce financing will still be largely unavailable. At least from banks. Gold will hit $2,000 an ounce for a reason and it won't be pretty. Investors may look back and say, "thank god they did that then."