GREY:VITFF - Post by User
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slamdunkon Dec 14, 2021 3:17pm
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Post# 34230185
RE:RE:RE:RE:RE:RE:Imagine the spread of OCB
RE:RE:RE:RE:RE:RE:Imagine the spread of OCBOCB1234 wrote: kegger - Probably looking at another fire sale of Silver Tip for CDE to stay afloat (down 53% this year). My guess is this give away will dwarf the La Preciosa gift to Avino. Don't touch it, my man!
Another one of OCB predictions -CDE will go to where it goes .As to be expected during a 400million build --they have all the fund committed 90-of build contracts -no worries of inflation .$th Quarter strongest of year it is estimated.Silvertip exploration so phenomenal they need an even larger mill.than the expansion mill they were adding..Last quarter ahead of schedule Rochestor produvced 1.3 million tons of overliner and placed a new 300million ton leach pad that was 54 days that rochestor halted nomal productionand placing and stacking on Heap leach pad 1v-then there was availability time for haulage of run of mine gold, 56% less and that lowered gold production.The over-liner was completed in 3rd quarter and beat the winter season.There was a18 day swap out of a new secondary crusher that increased throughput in 3rd quarter.and will do the same in 4th quarter...
Wharf,Kensington and Palmarejo should all have free cash flow quarters>there also in third quarter a cash outflow of 7million to refinery that is 4th quarter 7million cash inflow as prepayment,also Silvertip spent 7 million buying back a 1.25 NSR in third quarter..
Capital expenses maybe 150million to 190million on Rochestor..
I'm a deep value buyer Kensington got its Record of Decision so can go ahead with POA1,Silvertip the brakes put on ,Rochestor will be completed late 2022or 2023early
.Preciosa will close First quarter adding 15million cash and 14million shares and half a warrant giving Coeur a 16% of diluted shares.Avino has a 53year history at Avino mine,an all Mexican workforce from community,experienced in underground mining,a refurbished mill a new 4th circuit,spare capacity on power lines,water well.
,5 million next year and 8.8million on productiona 1.25NSR and a 2%GSR on property outside Gloria and Abudancia. that has 1.25%NSR and 0.25 cents on every added resrve ounce added to n43-101.
Thisas cofigured as a super pit did not make sense with a build,didn't fit timeline or competition for dollar-Wariness of Mexican rule of law after all the issues and court time to retrieve Vat-a primary silver mine with the type of volatility and low IRR.
So Coeur gets 16% of 2-3million producer and their about 90million silver equivalent resources.Avino claims 8months for permitting they will use an existing adit and infrastructure to reach Gloria Abundacia high grade.