GREY:VITFF - Post by User
Comment by
Pete1986on Jul 01, 2022 4:51am
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Post# 34795779
RE:RE:RE:RE:RE:RE:RE:RE:Huge cross
RE:RE:RE:RE:RE:RE:RE:RE:Huge crossWell, understanding that they made a bad choice after buying just 1 year ago, what does that tell us? Coeur should stop their business, they have no clue:)
So both ways are more than a disaster for Coeur. If they evaluate the project and after intensive DD they decide to buy lots of share, then it's just not acceptable that they come just a year later and sell with huge loss, because they were wrong about the project. And if they found out that they were wrong about Victoria, it would have made much more sense to sell a couple of month ago. The project didn't change, so again, this is not acceptable for Coeur investors.
On the other hand, if they now forced to sell since they are running out of cash, its not better :) And of course, everybody already knows that Coeur won't surive the next 6 month and that they are deperately looking for some cash.
So all in all, Coeur is one of the worst stories. But just check out their share price, they are declinging since more thatn a year.