Coeur d’Alene could mend a broken heart
The Motley Fool(Editorial) reports Coeur d’Alene Mines, silver miner, provides investors to company operational update and the decline in silver markets with the recent global instabilty with the markets.
The shorts are firmly entrenched with 15% of the float, punishing shares for every ounce of bad news. Following cost pressures in Chile, ramp-up delays at the San Bartolome mine in Bolivia, and continued uncertainty surrounding the fate of the Kensington gold project in Alaska, there has been plenty of rough news to prevent a firm bottom from forming as yet.
For complete editorial, click this link. To view Coeur d’Alene Mines’ recent press release, click here. Follow developments in silver mining and exploration for free.Sign on to the Silver Investing Newsletter.