Post by
slamdunk on Jul 26, 2021 4:02pm
Coeur got a lot of press time with Crux Analyst
Even John said somebody has to step up and challenge them.The analyst stated they were in strong position with 17.8% .John laterstated sombody has to step up and CHALLENGE Coeur.
ANOTHER POINT OF INTEREST
Normal Course Issuer Bid to buy and cancel JOHN stated was 10% of outstanding shares -BUT it is 5% or 3,122,493 shares. None have been bought as of that interview...
Comment by
Human7 on Jul 26, 2021 6:47pm
I noticed Coeur got a lot of airtime too. Went deep. And for McConnell to get a call from Orion same day/just prior to the news release of the Orion/Coeur deal... that was interesting. For him to reveal that happened in a public forum tells me he has no love for Orion and Coeur, and is seriously focused on other suitors.
Comment by
Swingandmiss on Jul 26, 2021 10:17pm
From time to time I read the posts on the Coeur Yahoo board, and 90% of the posts are complaints about the CEO not looking out for shareholder value. It is nice to be on the other side of that equation.
Comment by
OCB1234 on Jul 27, 2021 5:49am
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Comment by
EdwardBlake on Jul 27, 2021 9:43am
I suspect Krebs was gambling on $30 silver and a $15 CDE shareprice before launching bid. At current share price, I just don't think he can swing it. The best solution for all parties is if another bidder emerges and buys CDE's stake.
Comment by
OCB1234 on Jul 27, 2021 3:10pm
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Comment by
OCB1234 on Jul 27, 2021 3:07pm
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Comment by
EdwardBlake on Jul 27, 2021 9:51am
McConnel said several times that he was open to an offer as long as it maximized shareholder value. I think that what rubbed John the wrong way was that CDE made their play through the back door rather the front.