OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@ipso facto, Re Avoiding African Miners

Posted by Mr.Copper @ 16:59 on June 26, 2020  

I hear ya, I should count my luck stars and sell it all, but so far, I’m up 134% on 2500 sh cost $16,166  now $37,800. The BTG I’m up 64% on 6500 sh cost $21,509 now $35,165. My best two miners.

My biggest dog these days is that USLESS CDE stupidly called Coeur. Down 62% I swear the new name killed it. It used to be called Coeur d’Alene mining, a mining town in Idaho.

from 2017, part:

“Until about four years ago, Coeur Mining was known as Coeur d’Alene Mines Corporation. It was only in May 2013 that the company changed its name to the simpler Coeur Mining, Inc., as we know it today, as it shifted its state of incorporation from Idaho, where it was originally incorporated in 1923, to Delaware.

The move, which also included relocating the company’s headquarters to Chicago from Idaho, was part of a broad restructuring program initiated by CEO Mitchell Krebbs in 2012 in a bid to transform Coeur into a leaner and stronger company amid the severe headwinds facing the industry back then.

Unlike most precious metal companies that are either pure-play mining or streaming plays, Coeur is an interesting mix of both. While you already know how mining works, a streaming company buys precious metals from other miners at discounted rates in return for funding them upfront.

more:

https://www.fool.com/investing/2017/04/20/5-things-you-didnt-know-about-coeur-mining-inc.aspx

@deer79 re 15:10 Roger that, thanks. Schwab has forward P/E 20.66. I was never afraid of playing high PEs. They tend to be good performers, and high prices because of high demand.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.