GREY:VITFF - Post by User
Comment by
EdwardBlakeon May 21, 2021 4:38pm
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Post# 33250103
RE:RE:Two Questions
RE:RE:Two QuestionsCDE can easily do a share swap like they have several times on aquisitions already. They could then use cashflow from Eagle to finance existing builds/expansions. I would hate to see them sell Preciosa as that is 200 million ouncesof silver.
My hunch is that Coeurr will sit on the shares until the stock price of CDE is more favorrable.
andre171 wrote: For CDE, the piece seems big to me (46% of the capitalization of CDE) while CDE already has significant financing needs for its mines in Rochester and Silvertip.
I would tend to believe more in the takeover of Integra Res (8% of the capitalization of CDE which holds 5.57%).
Perhaps management is negotiating for the sale of an important asset (Kensington for example or even La Preciosa), then, it would be possible for CDE ?