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Re: JPD3 post# 1893

Sunday, 01/25/2009 11:16:41 AM

Sunday, January 25, 2009 11:16:41 AM

Post# of 4492
ALL Major Silver Miners were UP Friday > CDE GOES DOWN?

Couer d'Alene Mines fell $.01 or 1.3 percent, to $0.79.
Hecla Mining rose $.25 or 11.0 percent, to $2.53.
Pan American Silver rose $1.40 or 8.5 percent, to $17.89.
Silver Standard rose $1.19 or 6.2 percent, to $20.27.
Silver Wheaton rose $.56 or 8.9 percent, to $6.84.
http://finance.yahoo.com/news/Final-Glance-Silver-apf-14144414.html

I believe it will remain under pressure even as Silver/Gold prices increase , the street knows CDE is going to have to cut revenue forecasts in the coming weeks , they had previously projected and reported some MAJOR GOLD sales for the the new mine going forward, at prices of $850 ounce, this will need to be substantially trimmed to refeclt 50% sold at $400 ounce, the next filing or 2 will contain some verbiage like this , and the newsletter crowd will begin to bash , and when Gold does break to upside the street will pile on CDE for hedging that gold , again, right or wrong, the street will CRUSH a hedger in an up market , call it royalty , call it whatever , it is a forward sold contract , it is a hedge and the street, the market HATES Hedgers,,, watch when we see Gold Explode upwards and CDE should be able to issue a huge profit and revenue upside suprrise , we will get downgraded and sold off..... Also when they sold the 54 million offering few months ago they said they had more then enough cash to complete the mines? then they raised another 20 million hedging gold and again they said they had more then enough cash to complete the mines , now we see another 80 million... gold hedge , why? because we needed funds to complete the mines.... when will CDE management STOP THE MADNESS?

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