RE:RE:Coeur adds heavy FirepowerGambler8888 wrote: Why are you posting this on the VG board. I get that they are a large shareholder, but doesn't CDE have its own board?
Simply they filed long ago now an Early Warning Intent to Purchase own 18% and are about to pass at the board the ability to rauise their float from 300m to 600million.
They have sold preciosa to Avino clearing room.All the additional Senior Executives- and need a large free cash flow producing asset while they are founding a 597million rebuild.
Money can always be borrowed and shares could be a large part of a buy..
they have done this with another acquistion for the immediately acreative pruducing free cash flow.
Victoria is an attractive free cash flow producer at beginning of life,district scale,Coeur has the Silvertip mine 12miles from Yukon Border is now solely focused on US and Canada.Is used to cold weather heap leach.They still hold 11,067,747 shares so they are still in the game .