RE:Coeur MiningOCB1234 wrote: I'll take my payday from anyone, including CDE, and while a $30 takeout price would sure be #atonofdough, maybe they will pay even more as they have a history of screwing their shareholders in just this sort of way! :)
That is patently false. Preciosa effected by rapid fall of silver into bear market it cost 12 million shares and 100 cash those shares printed at over 20.00dollars.
Paramount all shares , hashuge land package with 2million gold ozs and 100million silver surrounded Coeurs existing production.The Don Ese deposit and extension of Indepencia was high grade and royalty free .Coeur built twin declines for 15 million and Palmarejo has been free cash flow positive since .94 million in 2020 from only three quarters due to Covid suspension.
Production 100million gold a year and 7 million silver.
This.all share purchase allowed Coeur to pay all cash 99million for Wharf that paid for itself in less two years and has supplied 240 million in free cash flow,A record 74 million last year Coeur has doubled mine life reserves and a large increase in M&I while raising recoveries 15%.
Northern Empire purchased for the Sterling /Crown 143 sq mile land package high grade,permitted now at 1 million gold ounces allshares 12 million
Then acquired ex Rye Patch properties with 1.5 million gold ounces 38 million silver with Lincoln Hills 1 km from existing Rochestor heap leach and mill. Lincoln Hills has 600,000 high grade gold ounces 5 times Rochestor reserve grade and 18million silver ozs gold .this was only 19 million in shares. 4 million shares.Both deposits underexplored and third deposit in this group adjacent to Rochestor ans has 18 holes show significant intercepts. looking like a bulk tonnage system.NO need of building processing just truck it to crushers,
The aquisition of Silvertip cash and shares 200million with permitting and resource size contingencies of 50 million. was previous to Sterling /Crown and ex Rye Patch