Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Coeur d'Alene Mining (CDE) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (327)	1/11/2001 9:24:30 AM
From: Robert J Mullenbach	Read Replies (1) \| Respond to of 621

Coeur D'Alene Mines Corporation Submits Plan to the New York Stock Exchange for Continued Listing of Its Common Stock COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Jan. 11, 2001--Coeur d'Alene Mines Corporation (NYSE:CDE - news) announced today that it is submitting a plan to the New York Stock Exchange to substantiate the Company's belief that by May 27, 2002, it will be in compliance with the Company's listing requirements and thereby qualify for continued listing on the Exchange. The submission is being made following the NYSE's recent notice to the Company that it has fallen below one of the continued listing standards and should be in compliance with such standard within 18 months of the receipt of the notice. The continued listing requirement with which the Company is not in compliance is the requirement that either its total market capitalization or its shareholders' equity amount to at least $50 million. The Company continues to be in compliance with all of the NYSE's other continued listing requirements. The Company's total market capitalization, based on the 37 million common shares of its common stock outstanding and the $1.00 per share closing price of the Company's common stock on January 10, 2001, is approximately $37.0 million. The Company's shareholders' equity at September 30, 2000, which was the last fiscal quarter for which financial statements are available, was $35.1 million. The Company believes that the plan being submitted to the New York Stock Exchange, when implemented, should result in an increase in the Company's shareholders' equity above the required amount. biz.yahoo.com