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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (3089)	6/26/2002 4:29:07 PM
From: Real Man	Read Replies (1) \| Respond to of 4051

What is your current year target low for gold, given that the dollar index is down to 107 from 121? HUI strong support area is 90-100, I believe we might see these levels again by November this year.

To: goldsheet who wrote (3089)	6/27/2002 7:55:56 AM
From: re3	Read Replies (1) \| Respond to of 4051

well, okay bob, i'll try to corner you this way -g- lets say there was a trivia contest about gold and you won and the prize was either 10 grand in abx stock or 10 grand in nem stock and you had to hold on to the stock for five years... which prize would you claim ?

To: goldsheet who wrote (3089)	6/27/2002 12:12:55 PM
From: long-gone	Read Replies (1) \| Respond to of 4051

I do believe you said you'd own this one though: Equity Alert on CDE, follows below. Coeur Completes Cerro Bayo Working Capital Facility With Standard Bank London, Limited Short-Term Facility Will Accelerate Receipt of Cerro Bayo Cash Flows COEUR D'ALENE, Idaho, Jun 27, 2002 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (NYSE:CDE) announced the implementation of a working capital facility arranged by the New York office of Standard Bank London, Limited for its new high-grade Cerro Bayo silver and gold mine in Chile. Geoffrey A. Burns, Coeur's Senior Vice President and Chief Financial Officer, commented, "We are pleased to develop this relationship with Standard Bank and look forward to finding other ways of working together as we continue to grow Coeur. This facility enables Coeur to accelerate the receipt of cash flows from the sale of concentrate at Cerro Bayo by approximately 2-3 months and is expected to result in a steady stream of high margin cash flows. Due to these significant cash flows from Cerro Bayo and the nearby Martha Mine, we expect Coeur to generate positive cash flow in the third quarter of this year." The facility has a twelve-month term with an option to extend for an additional twelve months and allows Coeur to drawdown against 90% of the value of Cerro Bayo's concentrates that are delivered to the port of Chacabuco, Chile for shipment. The interest rate on this facility is equal to the gold and silver lease rate (currently 1.25%) plus 4.75%. For 2002, Cerro Bayo is expected to contribute 52,000 ounces of gold and 3.6 million ounces of silver to Coeur's total forecast production of approximately 15.0 million ounces of silver and 100,000 ounces of gold. Of the 3.6 million ounces of total silver production at Cerro Bayo, 1.6 million ounces is expected to come from Coeur's nearby high-grade Martha silver mine, which the company acquired earlier this year. Cash costs for the year at Cerro Bayo are forecast to be under $150 per gold equivalent ounce. Coeur d'Alene Mines Corporation is the country's largest silver producer, as well as a significant low-cost producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia. This document contains numerous forward-looking statements relating to the Company's silver and gold mining business. The United States Private Securities Litigation Reform Act of 1955 provides a "safe harbor" for certain forward-looking statements. Operating, exploration and financial data, and other statements in this document are based on information the company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, changes that could result from the Company's future acquisition of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, and risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Coeur d'Alene Mines Corporation Mitchell J. Krebs, 208/769-8155