motley article from caps on cxc

Is cheap silver still available?
By the looks of these All-Star picks, it would appear some bargains remain on the table among the precious-metals miners. Chances are that each of these companies has encountered some challenges thus far in the bull market for precious metals. Provided the issues are temporary, these companies could present enticing entry points for value-minded Fools.

CAPS All-Star binv271828 explains that missteps by management are partially responsible for the beating that shares of silver miner Coeur d'Alene have endured. Here's an excerpt from the recent pitch:

Their mining costs for silver is $3.33/oz. Despite how much I like [Coeur d'Alene] (and I do), their management can be very frustrating. There was the note offering fiasco in March where the company kept changing the offer amount and kept sending very confusing signals about the health of the company. And [Coeur d'Alene] has a number of old mines and legacy costs. However, there [are positive] developments as well. Such as the fact that they brought Cerro Bayo back online early to keep up production. It has recently received appoval to continue operations at several key mines. Despite the headaches, [Coeur d'Alene] is still a very good silver miner and is certainly worth considering.

There's no denying that Couer d'Alene has been slaughtered, with shares declining an embarrassing 40% since I highlighted the company back in March. Despite a hefty short interest at 10% of float, I believe the stock is finding buyers at these levels.