Coeur d'Alene Mines Corp. (CDE)

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I believe CDE has multiple Gold hedges , not only this one. I believe it comes down to how each company pays for and accounts for the hedges and how many ounces are actually delivered, i.e. the full CDE hedge for say 1000000 ounces of Gold could be accounted for at filing time were as ONLY the actual Gold the other party received is accounted for , Would have to ask an accountant with some knowledge on these royalty aka hedges , but I think it is combination of few things... either way , CDE EPS will continue to get crushed as Gold rises , sure it is non cash , But do you think Mr Mutual Fund cares? They want to see EPS and Low PE ratios , cash or non cash , that hedge is going to HURT us until we remove it , How many ounces did we hedge, how many have we delivered , How long will Gold rise... those are the questions we need to look at imo