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

To: Claude Cormier who wrote (3704)	2/19/2003 1:49:29 PM
From: goldsheet	Respond to of 4051

<The Martha Mine is helping them big time with this low cash cost. But it is a small mine with small reserves. If they can continue to be successful with their exploration program there, they will have won their war.> I know you read the press release, but for the benefit of others: "New reserves discovered on the Martha mine property during the second half of 2002 totaled 4.6 million silver equivalent ounces, averaging 150 ounces of silver equivalent per ton. They were discovered at an exceptionally low cost of $.037 per silver equivalent ounce." "Coeur has also initiated ground reconnaissance on its large land package in Santa Cruz Province surrounding the Martha mine Based on the Company's initial review of these landholdings, Coeur believes there is the potential to discover over fifty million silver equivalent ounces on prospects located on this land package outside the Martha mine property" > This mine is a unique heap leaching silver property very similar to Corner Bay Alamo Dorado Hey, you can not profitably heap leach silver <grin>

To: Claude Cormier who wrote (3704)	2/19/2003 1:53:03 PM
From: goldsheet	Read Replies (1) \| Respond to of 4051

Here's what the "new" Kinross looks like (about 1.8moz) << Gold Mines Currently Pro-forma Attributable 2002 Total Cash Cost per Operated by Kinross Gold Equivalent Production Gold Equivalent Ounce (Ownership Interest) (Ounces) (US$ per Ounce) --------------------------- --------------------- Fort Knox (100%) 410,519 232 Round Mountain (50%) 377,747 207 Kubaka (54.7% see below) 220,972 133 Lupin (100%) 113,835 330 New Brittania (50%) 53,745 202 Kettle River (100%) 30,626 283 Blanket (100%) 41,612 243 Refugio (50%) 13,047 186 Joint Venture Gold Mines Operated by Other Companies Porcupine (49%)(1) 189,464 201 Brasilia (49%) 110,035 167 La Coipa (50%) 149,284 226 Crixas (50%) 93,660 88 Musselwhite (32%) 66,879 228

To: Claude Cormier who wrote (3704)	2/21/2003 11:58:36 AM
From: goldsheet	Read Replies (2) \| Respond to of 4051

CDE delays another problem: Coeur d'Alene Mines Corporation (NYSE:CDE - News) announced today it has entered into an agreement to complete a private placement of $37.2 million of 9.0% Senior Convertible Notes. The net proceeds of approximately $33.8 million will be used to retire the majority of the remaining $28 million of the Company's 6.375% Subordinated Convertible Debentures due January 2004 and will provide working capital for general corporate purposes. REF: biz.yahoo.com