GREY:VITFF - Post by User
Comment by
slamdunkon Jun 24, 2021 7:22am
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Post# 33440161
RE:Bye-Bye Coeur 'slam dunk' Hostile Takeover Bid
RE:Bye-Bye Coeur 'slam dunk' Hostile Takeover BidYou take liberties as usual with hostile--as well as" low bal"l ""steal" it etc.
Nothing has changed.Coeur put Victoria into play and its position is stll17.8%.Orion did not loose its two seats.
You have manufactured a hostile low ball scenario to fit your needs.
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You confuset he astute positioning and purchase of shares along with Orion Agreement and Support Agreement as hostile both CDE and Orion under 20% and combine to 36%.No offer has been made.
The recent inclusion to GDX to its already position in GDXJ is itotal approx 5 million shares and are Victoria now hostage to the passive fund and its inflows and outflows ..
By the way Coeur aquired three properties that have 2 million gold ounces 40million silver need no infrastructure due to synergies to Rochestor brand new heap leach and processing .This doubled Rochestor land package has had minimal exploration is 1km from processing and leach pad .This was a heist purchased for 19 million..Lincoln Hills grades 5 times that of Rochestor reserve grade.1km
Wilco 7km with bulk of ressources 1.2 million M&I gold and 19million silver7 km from Rochestor and Goldridge adjaycent Rochestor heap leach..
Paramount acquired with 2 million ozs gold ,100million silver surrounding Palmarejo ,using existing milling,,Paid about 140million.
Wharf paid 99 million paid for itself in 18 months ,Coeur doubled mine life and has had 220 million free cash flow 74 million a record last year with quidance 85,00-95,000
Silvertip paid 200 million and Coeur has had explosive drill results justifyinga new mill and expansion at present prices will print money.
And Preciosa one of five largest primary silver deposit in world for 12 million shares and 100million cash,A nice piece to have in your back poket. when silver explodes.
Northern Empire bought for 12 million shares at time of closing dropped from 110 million to 70million cost when shares printed. Now at 1 million oxide Nevada gold ounces Run of Mine with 88% recoveries.
This is powering forward now with ne discoveries and expanding Crow permitted 143sq mile land package permitted with existinginfrastucture at Sterling -now has 5 deposits..
Overpaying is SO subjective and posters like you only parrott obsolete views--from bear market acquisitions bought at depths of that cycle..
This post is a counter to OCB claim of overpaying to detriment of shareholders..,to his missleading hperbolic tantrums,his stalking,and claims of only posting on Victoria bullboard when i post daily on CDE Yahoo board.
His consistentprovocitive ,combaitive style of a juvenile-
OCB-1234 stands OBSESSIVE COMPULSIVE BABY showing he can count to four.
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