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


To: akpirate who wrote (501)8/16/2002 6:12:48 AM
From: TATRADER  Respond to of 621
 
Hi robert,

Glad to see you are not one of the clowns, but someone who is willing to speak intelligently about CDE..
trying to get some blood pressure up on this thread to bring it to life...The technical pattern on this stock still looks sick, until 2.20 is taken out...What I have a hard time understanding is if the silver stockpiles are being depleted, how can the price continue to be maintained in the mid 4.00 level...The longer term chart shows silver stuck in the 4-5 level for the last 7-10 years, with only one spike to 6.50 when Warren Buffet bought his 130 million ounces...I read somewhere that the Chinese supplied silver last year to take care of the shortfall...Are they going to do the same thing again this year? Also, what price bullion does CDE need to stay in business and gradually get rid of its debt?

Regards,

Mark