explorationfirst majestic ceo talked about their lack of exploration and expansion due to low cash position-coeur management took another track it acquired and it explored and it expanded and would deleverage later
jualin is 50%completed,east rochestor high grade drilled out and will be put in mine plans on next heap leach pad-that has been permitted a big deal and work has started-guadalupe and indepencia both producing-coeur acquistion of pzg uses same infrastructure and has a wealth of targets and wharf abought a producer is doing just that-and bolivia by sourcing privately had 9.9 mill free cash flow
so while there may be a rush to find deposits and drill coeur has none of these issues-paas recentle jv'd with kottenay and owns 10% as does coeur
orex jv'd with canasil but coeur has palmarejo and preciosa fully paid for and is one of the largest silver deposits in world with a updated feasibility and permitting-nice to have as producers scramble for viable deposits
outside preciosa coeur is greenfield drilling for gold at quito project an alliance/option wth bravada gold and another greenfield in mexico
they had their eye on northaits la cigarra project now merged with kooyenay being drilled now
also coeur has 105 of silverbull and 100% of joaquin in santa cruz this is being dusted off a 60mill n43-101 -
krebs just reduced debt by 100mill and all its work to bring down costs threw efficiencies ,recoveries and grade just make coeur more profitable in a rising silver market
preciosa is a 10million a year oz producer just waiting and coeur is in talks with team this week-