national inflation association tips coeur

Apologies if this was already posted previously. I've not looked at Coeur for some time. It's been a long time in the darkness.

FYI

NIA is pleased to announce its new stock suggestion, Coeur dAlene Mines Corporation trading on the NYSE under ticker symbol CDE.

NIA's Silver Wheaton (SLW) reached a new 52-week high last week of $19.83 up 194% since we suggested it on February 26, 2009, at $6.74 and many NIA members have been asking us for another safe silver play. CDE meets all of our criteria for being a safe silver play to capitalize on the upcoming hyperinflationary crisis.

With the recent breakout in silver prices and potential imminent short squeeze from naked short positions held by JP Morgan, we felt it was the perfect time to announce a new silver company that we feel has significant long-term upside potential.

CDE is one of the worlds leading silver companies and is also a significant gold producer. CDE has 2 silver mines that rank among the world's largest. In 2009, CDE produced a record 17.7 million ounces of silver, up 47% from the previous year, with record reserve levels of 269 million silver ounces. Gold production increased 56% to 72,112 ounces.

CDE recently completed its first full year of production at its large new silver mine - San Bartolome in Bolivia and will have its first full year of production in 2010 at its newest operation the Palmarejo silver/gold mine in Mexico. CDE will begin production this July at its 100% owned Kensington Gold Mine in Alaska, which is expected to produce 50,000 ounces of gold during its first partial year.

CDE also owns and operates underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns a non-operating interest in a low-cost mine in Australia. CDE conducts ongoing exploration activities near its operations in Argentina, Chile and Mexico.

In March, CDE reported record production at its Palmarejo, Mexico mine of 546,738 silver ounces and 9,225 gold ounces. First quarter silver production at Palmarejo was up 25% from the previous quarter to 1.5 million ounces while first quarter gold production increased 23% to 25,511 ounces. First quarter cash operating costs at Palmarejo dropped 57% compared to the fourth quarter to $2.62 per silver ounce. Silver recoveries at Palmarejo improved to 73.3% in March and exceeded 80% late in the month, up from 66.3% for all of 2009. CDE estimates that 2010 production from Palmarejo remains on track to reach 7.9 million ounces of silver and 109,000 ounces of gold at cash operating costs of under $2.50 per silver ounce!

In San Bartolome, Bolivia CDEs March production was up 46% over February to 451,746 silver ounces, which is the highest monthly production since October 2009! They also saw cash operating costs at San Bartolome decline 16% compared to the previous month to $8.26 per silver ounce.

CDE plans to spend $17.9 million in exploration during 2010 with approximately 80% of the budget earmarked for expansion of mineral resources and reserves at or near its existing operations at Palmarejo (Mexico), Kensington (Alaska), Rochester (Nevada), Martha (Argentina) and Cerro Bayo (Chile).

CDE is currently trading below its book value of $24.82, has over $300 million in revenue, and revenue growth last quarter of over 147% on a year-over-year basis!

CDE will be announcing their first quarter 2010 earnings on May 10th before the market opens and we feel this could be the perfect opportunity to consider CDE right before they potentially announce record breaking revenues.