just leave it alone? Down about 19% after yesterday's earnings. Thoughts?
Senor
COEUR: Is this post earnings plunge a buying opp or
Started by
senorBS
, Feb 09 2017 10:47 AM
7 replies to this topic
#2
gannman
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Posted 09 February 2017 - 11:20 AM
For the long term probably do you like the long term prospects for them I don't know a lot about them
feeling mellow with the yellow metal
#3
dharma
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Posted 09 February 2017 - 12:18 PM
not a name that is tops in the silver sector, but it will do well w/silver.
probably not a bad buy here. but i am not interested
dharma
probably not a bad buy here. but i am not interested
dharma
#4
senorBS
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Posted 09 February 2017 - 12:38 PM
not a name that is tops in the silver sector, but it will do well w/silver.
probably not a bad buy here. but i am not interested
dharma
from a little I heard on conference call a significant shipment from one of their mines that was expected to be counted in qtr 4 revs did not make it so it goes in qtr 1, 2017. Not sure if that was "all" the bad news, down now over 19% so mkt does not like
Senor
#5
dharma
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Posted 09 February 2017 - 12:46 PM
earnings disappointments , in this skittish sector can always be found behind the woodshed its the emotional nature of the sector
after 5 yrs of beatings. folks run at the mere mention of trouble
dharma
after 5 yrs of beatings. folks run at the mere mention of trouble
dharma
#6
goldfungus
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Posted 10 February 2017 - 11:35 AM
just leave it alone? Down about 19% after yesterday's earnings. Thoughts?
Senor
Don't bother. PAAS and TAHO are soooooo much better.
#7
senorBS
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Posted 10 February 2017 - 12:36 PM
I have owned Paas as a core silver holding and it has performed really well, Taho I know nothing about and in looking at its chart it has been a total dog compared to most silver stocks - why do you like it? It is 46% below last years high and less that a pt above the Dec 2016 bottom - simply a horrible performance. Paas near 21 is within 50-60 cents of last years high and over 7 pts above the Dec. 2016 low. Taho is one sick puppy
Senor
Edited by senorBS, 10 February 2017 - 12:46 PM.
#8
goldfungus
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Posted 10 February 2017 - 03:01 PM
I have owned Paas as a core silver holding and it has performed really well, Taho I know nothing about and in looking at its chart it has been a total dog compared to most silver stocks - why do you like it? It is 46% below last years high and less that a pt above the Dec 2016 bottom - simply a horrible performance. Paas near 21 is within 50-60 cents of last years high and over 7 pts above the Dec. 2016 low. Taho is one sick puppy
Senor
I agree with the chart but it might be one of the best properties in the world. There is political risk, that's why it's the smallest of my 'big' six positions. You referenced CDE, which is horribly run, so I offered an alternative. I expect much higher silver prices and huge upside for TAHO. Size it so you can sleep at night amigo.
