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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Stormin Norman who wrote (12595)	5/18/2002 1:18:14 AM
From: nspolar	Respond to of 36161

Stormin, read through just a smathering of the recent CDE news briefs and you will get the picture. Loads of debt. Been converting bonds over to common. Hence the hube increase in shares being traded over the last few months, and the recent price/volume history. My present read is the shares are being bought up. More than one predicted they wouldn't make it to this point, due to cash flow situation and debt, but they have. CDE is a large producer and is not without future development ops. If silver rises in price enough they will be okay. And if silver rises in price more than enough the stock price should do quite well from here. I have some CDE bought in the .80 range I've been sitting on. Just added to it. I already have excellent gains from PASS and HL, and have many other holdings. So I feel CDE is a good risk for me, better than when I initially bought it. I initially diversified all my holdings and am glad I did. Think it still a reasonable policy, but some of the easy money is gone. Right now I hold SSRI (fairly large), HL and CDE. Might buy some BAY next week. My Pass went over to SSRI, but will re-enter if the op presents. One positive for CDE is it is very liquid. If I think CDE is gonna pop good, I plan to add a lot more.