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Gold/Mining/Energy : Silver Bull Resources, Inc.
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From: peruchocanuck11/12/2013 12:27:52 PM
   of 5637
 
COUNTING CDE OUT?...NOT THAT FAST, READ BETWEEN LINES

If you are planning to buy out a company in the future, would you be saying it to everybody so the sp goes up and it cost you more to complete the deal? Or would you be saying that you have no interest at all, so the sp keeps going down and you pay less for it?...the following is a comment from the yahoo board:

Counting CDE out

While reading CDE's Q3 2013 Results - Earnings Call Transcript, I think it is quite obvious that we can count CDE out from bidding SVBL.

Here are some comments made by Frank Hanagarne - SVP and COO - "We are also seeing then a pretty steady flow of what I’d call late-stage development companies that have a resource maybe have a PEA, but no real pathway to seeing that asset in the production. And there it’s really for us has to be the right jurisdiction and has to have the right return criteria and has to be straight forward and clean enough to be an asset that’s not going to add to the risk profile of the company. And those I think is more of those in the gold side than seen or primary gold than primary silver, but I think that’s probably just a function of the fact that there is more primary gold mines or projects than there are primary silver projects.
................
We were mindful of for example La Preciosa and the timing of La Preciosa and we don’t want to stack ourselves up with a bunch of capital obligations and development projects that are all on the same timetable, we need to allocate things across a pipeline timing wise so that sequentially we have a good steady balanced mix, so I don’t know if those comments help, but that’s what we are seeing."
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