Last week’s price action in CDE was disappointing. After being up over a point from the recent lows, where I have recommended accumulating the stock, the company’s release of earnings and guidance and the correction in gold & silver left the stock back where it started. That is the disappointment, which should prove fleeting. The EXCITEMENT comes from the changes the company has made with it’s purchases and sales of assets. The bottom line is they have made the company less leveraged to silver prices and more balanced with improved cash flow. The mix has now changed from two thirds silver and one third gold, to 56% gold, 28% silver and 7% lead and zinc. This does lower the ultimate extreme valuation if silver soared to some crazy number above $100 an ounce. However, given a normal precious metals bull market where gold and silver both make new highs, the company will not only be a significant outperformer, as always in precious metals bull markets, but now it is much more likely to be an ACQUISTION target of the larger mining companies. I now fully expect CDE to be acquired or to at least get multiple offers that will move the stock higher much sooner in this precious metals bull market cycle. BUY! Chartsmaster