If you've got some dry powder on hand, this could be a screamer of a buy... I predict that CDE will be trading back in line with the other silver miners in the not to distant future. Definitely a rebound by next quarter.
Comments
B-Dog
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@ JRussell - Could you elaborate at the macro level on why you think silver futures might decline significantly enough to drive CDE to 22? I'd like to understand what factors youre taking into account. Thx, -B
Dopam
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Germany GDP next year .07 from 1.7 that sounds like deflation not inflation. However, this was a nice call today.
B-Dog
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From my perspective that's a pretty rosy projection given the macro landscape. One of us will be right though, that is for sure. Thx for the feedback.
Dopam
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If silver comes down, which I expect it will. You might be able to get this silver miner below 22