Replies to post #2763 on Coeur d'Alene Mines Corp. (CDE)

[printmail01]

How will we EVER have growing positive EPS with these charges killing the balance sheet every quarter? These charges are killing any chance of positive EPS imo

Three months ended Sept 30 , 2010 = $ (13,784,000.00 )
Nine months ended Sept 30,2010 = $ (50,163,000.00 )

http://www.sec.gov/cgi-bin/viewer?action=view&cik=215466&accession_number=0000950123-10-101030#

The following represent mark-to-market gains (losses) on derivative instruments for the three and nine months ended September 30, 2010 and 2009 (in thousands):

Three Months Ended Nine Months Ended
September 30, September 30,
2010 2009 2010 2009
Gold lease facility $ (2,079 ) $ (2,921 ) $ (2,839 ) $ (4,504 )
Forward foreign exchange contracts 279 (39 ) (913 ) (3,338 )
Forward gold contract 1,238 — 1,238 —
Silver ounces receivable 447 — 447 —
Palmarejo gold royalty (15,168 ) (30,969 ) (46,841 ) (49,179 )
Franco-Nevada warrant 1,118 1,306 3,451 3,254
Put and call options 381 (2,942 ) (4,706 ) (1,980 )

$ (13,784 ) $ (35,565 ) $ (50,163 ) $ (55,747 )

[printmail01]

The royalty agreement provides for a minimum obligation to be paid in monthly payments over a total of 400,000 ounces of gold, or 4,167 ounces per month over an initial eight year period. As of September 30, 2010, payments had been made on a total of 70,764 ounces of gold with further payments to be made on an additional 329,236 ounces of gold

you do the math
329236 ounces Gold x $1300 = $428,006,800