Post by
Human7 on Aug 31, 2022 1:03pm
exploration update video
https://www.youtube.com/watch?v=Wesn4-H4MQw&t=22s
Comment by
Pete1986 on Aug 31, 2022 3:11pm
Im with u John, this is a terrible performance. The downside pressure is imo due to CDE constantly selling shares. They are in pretty big trouble in terms of their balance sheet. I even think CDE is close to being bankrupt. And yes, Gold is supposed to be a hege against inflation, however, it is no proofed that its not the case.
Comment by
Pete1986 on Aug 31, 2022 3:15pm
And its also not acceptable that there is no communciation from management. No news about the share price disaster, no idea how to turn it around. Just saying its due to common bad market conditions. They need to get done their homework. Prodution up to 200k, cash costs and AISCs close to the numbers from the FS. No more excuses, just execute what was defined by the FS.
Comment by
Pete1986 on Aug 31, 2022 3:17pm
And last but not least, the positive side is that the worse is already behind us. Share price is down about 12 CAD since March. So even if it goes to zero, downside is only 7,7 CAD.